A manager has a simplified profit-and-loss statement that


A manager has a simplified profit-and-loss statement that indicates that sales for the last quarter were $120,000, cost of goods sold was $35,000, and expenses were: salaries = $10,000, rent = $3,000, and supplies = $3,000. Calculate the net profit. 

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Management Theories: A manager has a simplified profit-and-loss statement that
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