Question

Last year, sam’s swimming pool cleaning had a gross profit of $105,355 and net income of $72,010. calculate sam’s operating expenses for last year. a. $3,335 b. $33,345 c. $17,734 d. $177,345 please select the best answer from the choices provided a b c d

Answer 1

Sam’s operating expenses for last year given the gross profit and the net income is  $33,345.

What is the operating expense?

Operating expense is the expense that a company incurs in the course of running its business. It is determined by subtracting net income from gross profit.

Operating expense =  gross profit - net income

$105,355 -  $72,010 = $33,345

To learn more about profit, please check: https://brainly.com/question/26181966

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