Profit & Loss

Instructions: Read through the text, answer the questions that follow, then click on 'Grade Me!' to view your score.

Profit and Loss

Look at the graph, which shows a firm's income, total expenditure and advertising costs over an eight-month period. Which month do the sentences underneath describe? For each sentence, choose a letter from A-H. Don't use a letter more than once.



Q1 - This was the least profitable month.

Q2 - In this month, income and expenditure were the same.

Q3 - In this month, the company made a loss, but advertising costs were lower than in the previous month.

Q4 - In this month, advertising costs were at their peak.

Q5 - In this month, income, expenditure and advertising costs were all higher than the previous month.