Enter Mia’s total profit/loss for the month in the box below, then click submit.

Explanation        : Revenue

Dog Food$3,500

Cat Food$2,100

Pet Treats$1,200

Pet Suppies$2,750

Total$9,550

Fixed Expenses

Rent$2,000

Salaries$2,000

Utilities$1,000

Product Stock$4,000

Total$9,000

Variable Expenses

Newspaper Ad$200

Total$200

Okay, so the question here is asking us to “Calculate whether Mia had a profit or loss”.

The first thing you need to do is add up the expenses.

Total Expenses = Fixed Expenses + Variable Expenses

Total Expenses = $9,000 + $200 = $9,200

So now we know that total expenses is $9,200 and total revenue is $9,550.

All you have to do is deduct total expenses from total revenue:

Profit/Loss = $9,550 - $9,200 = $350

Mia’s total profit/loss for the month of January account is $350.

                                                        water

a colorless, transparent, odorless, tasteless liquid that forms the seas, lakes, rivers, and rain and is the basis of the fluids of living organisms.

                                                        halon  

any of a number of unreactive gaseous compounds of carbon with bromine and other halogens, used in fire extinguishers, but now known to damage the ozone layer.

                                                  dry chemical

extinguishing agent used on class a, class b, and class c fires.

                                                  carbon dioxide

a colorless, odorless gas produced by burning carbon and organic compounds and by respiration. it is naturally present in air (about 0.03 percent) and is absorbed by plants in photosynthesis.