When a company sells goods for $150,000 that cost $54,000 to manufacture, it is making a profit of $96,000. This is the most important statement that is true in this situation.
The company is earning revenue. When a company sells goods, it generates revenue. In this case, the company is making $150,000 in revenue from selling these goods.
The company has a gross profit margin. The company’s gross profit margin is the amount of money left over after the cost of manufacturing has been subtracted from the total revenue. In this case, the company’s gross profit margin is $96,000.
The company is not losing money. While the company is not necessarily making a large profit, it is not losing money. With a gross profit of $96,000, the company is at least breaking even.
The company is making an operating profit. The company’s operating profit is the amount of money that is left over after accounting for all other expenses, such as overhead, taxes, and other costs associated with running the business. In this case, the company is making an operating profit of at least $96,000.
In conclusion, when a company sells goods for $150,000 that cost $54,000 to manufacture, it is making a profit of $96,000. This is the most important statement that is true in this situation. The company is earning revenue, has a gross profit margin, is not losing money, and is making an operating profit.