Question

heres the revenue and expenses for the month. calculate whether mia had a profit or loss.
march accounts
revenue
dog food $3,500
cat food $2,500
pet treats $1,200
pet supplies $1,900
total $9,100
fixed expenses
rent $2,000
salaries $2,000
utilities $1,000
variable expenses
newspaper ad $200
product stock $4,000
total $9,000
total $200
drag mias profit/loss for the month to the circle on the left.

Explanation:

Step1: Calculate total revenue

Add up all revenue items: $3500 + 2500+1200 + 1900=9100$

Step2: Calculate total expenses

Add up all expense items: $2000+2000 + 1000+4000+200=9200$

Step3: Calculate profit/loss

Profit/Loss = Revenue - Expenses. So, $9100 - 9200=- 100$

Answer:

Mia had a loss of $100$ for the month.