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The owners of the Hotchkiss hardware store can determine their profit for April by calculating the total revenue generated from sales during the month and subtracting the total expenses incurred, including costs such as inventory, rent, utilities, and wages. By comparing these figures, they can assess whether the revenue exceeded the expenses, indicating a profit, or if expenses were greater, resulting in a loss. Additionally, analyzing sales trends and customer demand during April can provide insights into future profitability.

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1mo ago

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