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10 September, 17:43

Last year, Archer Electronics reported revenues of $34 million while its total expenses were $10 million. Based on this information, Archer reported A) profits of $24 million. B) profits of $34 million. C) losses of $24 million. D) losses off $34 million.

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  1. 10 September, 18:02
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    The answer is A. of $24 million

    Explanation:

    Profit equals Revenue minus Expenses

    Profit = $34million - $10minus

    =$24million profit

    Therefore, Archer Electronics reported a profit of $24million last year
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