In this exercise we have to use finance knowledge to explain what sales are, so we have to the value of this equation will result in the sales value.
What is the concept of profit?
The correct term is net income, that is, what is left over without the future incidence of taxes or expenses. This is the final amount we get after all costs, fees and expenses are deducted. The profit margin tends to vary by business.
So by the equation below we have:
[tex]Sales - Cost = Profit[/tex]
See more about finances at brainly.com/question/10024737
