A company billed their customer for 3 hours of work. The billing rate was $50. The employee doing the work was paid $20 per hour. The company incurred costs of $40 which were billed to the customer with no markup. How much profit did the company make on the job based on the above information alone?

Answer rating: 100% (QA)

Heres how to calculate the companys profit on the job 1 Calculate ... View the full answer