Last answered:

28 Jun 2022

Posted on:

27 Jun 2022

0

Resolved: Tableau exam1 q.3 regarding gross profit formula

In Q. 3 Provided that the following equation is true: Gross Profit = Revenue – Cogs.
Then how come in answer we use + sign? isn't it has to be sum(revenue) - sum(cogs) rather than correct answer calculates based on sum(revenue) + sum(cogs). Please explain this it is confusing. 

1 answers ( 1 marked as helpful)
Instructor
Posted on:

28 Jun 2022

0

Hi Drashti,
Good to hear from you.
The reason we use a + sign is that Cogs are already negative.
Best,
Ned

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