Use the Vocabulary List above to answer the following questions.

1. Which words best match the following definitions?
1. The amount of money that helps pay for fixed costs.
2. Amount of money earned after subtracting variable costs.
3. The amount of money earned after subtracting fixed costs and variable costs from revenue.
4. Net profit divided by total revenue.
2. The following is an example of a/n ___: 25/200
3. William spent $100 dollars to create a desk and then sold it for $100. Which word best describes his profit?
4. Please review last month's profit ___ so that we can discuss necessary changes.
5. I ___ with the conclusion that we don't have a choice. I think there are other options
6. The following is an example of a simple ___ equation: 5x = 25