Resolved: How is this possible?
For the above question, since the formula says Gross Profit= Revenue - Cogs, shouldn't the answer be the fourth option? Why is it SUM(Revenue)+SUM(Cogs) ?
2 answers ( 1 marked as helpful)
Ned Krastev
Instructor
Hello,
Good to hear from you.
Cogs is already negative in the dataset. This is the reason why you got confused.
Best,
Ned
Thank you.