Net profit is defined as:
A)amount of money left after subtracting fixed costs from gross revenues
B)amount of money left after subtracting variable costs from gross revenue
C)amount of money after dividing fixed costs by margin unit in dollars
D)breakeven amount plus profit incentive in dollars added in

Question

Quizplus · Accepted Answer

Net profit is the amount of money left after subtracting all expenses, including fixed costs, from gross revenues, not just variable costs or specific calculations related to fixed costs or breakeven amounts.

Net Profit Is Defined As