The following spreadsheet shows financial data for Trance Electronics.Use the spreadsheet to answer the question(s)below.
-What is the profit generated by the company at the end of the second year?
A)$453,600,000
B)$776,008,690
C)$542,505,600
D)$648,836,698

Question

The following spreadsheet shows financial data for Trance Electronics.Use the spreadsheet to answer the question(s)below. 
-What is the profit generated by the company at the end of the second year?
A)$453,600,000 
B)$776,008,690 
C)$542,505,600 
D)$648,836,698

Quizplus · Accepted Answer

To determine the profit generated by the company at the end of the second year, we need to subtract the total expenses from the total revenue for the year. Using the spreadsheet, we can see that the total revenue for year 2 is $2,500,000,000 and the total expenses for year 2 are $1,957,494,400. Therefore, the profit generated by the company at the end of the second year is $542,505,600. Option C is the correct choice.

The Following Spreadsheet Shows Financial Data for Trance Electronics