Profit and Loss

Students analyze the concept of profit and loss, the components of a simple profit and loss statement and the importance of a profit and loss statement. They calculate profits using gross income, total expenses and cost of goods sold. Each student also examines monthly profit and loss statements for a school store and calculate profit margin percentages.

3rd - 5th Math 44 Views 361 Downloads
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Lesson Plans
2 days

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White Lake, MI