Eddie's electronics sells laptop computers for $ 425 each. at this price, the store sells 325 laptops. eddie's electronics incurs a $ 398 cost for each laptop it sells. assume that this is the store's only cost. round your answers to the nearest dollar. what is eddie's electronics' revenue? $ what is eddie's electronics' profit?

(a) TR = $138,125

(b)  Profit = $8,775

Explanation:

Profit is nothing but Total revenue (TR) - Total cost (TC).

TR is P × Q.

Price is given to be $425. Quantity is given to be 325 units. Cost per unit is $398.

TR= 425 × 325

TR = $138,125

Total cost = Cost per unit × total units sold.

TC = 398 × 325

TC = $129,350

Profit = $138,125 - $129,350

Profit = $8,775

answer; i believe the correct answer is (a) purchase of treasury stock;

answer; ///i believe that the correct answer is (a) it is the means by which a person earns money;