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WWW.thebusinessjournal.come P DAT E D DA I JULY 1, 2022, the FOCUS | 11, 16 Banking & Finance Fighting inflation 7(a) for the little guy N NIL SAR 2022 R 9 19 2 VEthebusinessjournal. Combining the
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Calculate total revenue by adding up all the money a business has earned from selling goods or services.
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Calculate total expenses by adding up all the costs incurred to generate revenues.
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Subtract total expenses from total revenue to get the profit.

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Profit is the financial gain made in a business transaction.
Anyone who is involved in business activities and generate financial gains.
To fill out profit, you need to calculate your total revenue and subtract your total expenses.
The purpose of reporting profit is to determine the financial performance and viability of a business.
Revenue, expenses, net income, and profit margin are some of the information that must be reported on profit.
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