The relationship between sales and profits can be written as
A) Sales revenues + expenses = profit.
B) Loss + profit = sales revenue.
C) Profit - expenses = sales revenue.
D) Expenses + loss = sales revenue + profit.
E) Sales revenue - expenses = profit.

Question

Quizplus · Accepted Answer

The equation Sales revenue - expenses = profit shows the relationship between sales and profits, where profit is the difference between sales revenue and expenses. Therefore, option E accurately represents the relationship between sales and profits.

The Relationship Between Sales and Profits Can Be Written as