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20-07-2020
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A company makes $200,000 in a year and has $150,000 in production costs, leaving them with $50,000. The $200,00
represents

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20-07-2020

Answer:

The $200,000 is a gross profit of the company but the operating costs in a year of the company is $150,000 that will be deducted from the gross profit the remaining net profit is only $50,000 for the company's year income.

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