determine the amount of total profit generated by the book purchased on order 1002. display the book title and profit. the profit should be formatted to display a dollar sign and two decimal places. take into account that the customer might not pay the full retail price, and each item ordered can involve multiple copies.

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19-12-2022
Business

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determine the amount of total profit generated by the book purchased on order 1002. display the book title and profit. the profit should be formatted to display a dollar sign and two decimal places. take into account that the customer might not pay the full retail price, and each item ordered can involve multiple copies.

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MonikaNandal MonikaNandal · Answer 1 · 2022-12-23T16:00:26+01:00

SELECT title, TO_CHAR(quantity*(paid each-cost), '$999.99') FROM books JOIN order items USING(isbn). The amount of total profit generated by the book purchased on order 1002.

What is profit?

Profitability, which is the owner's primary interest in the income-formation process of market production, is measured by profit.

There are various profit metrics that are frequently used.

Income generation and distribution must always be balanced in order for income to be formed in market production.

Within the review period, the earned income is consistently dispersed as economic value to the production's stakeholders.

The portion of income formation that the owner is able to retain for themselves during the income distribution process is known as the profit.

One of the main sources of economic prosperity is profit since it creates opportunity for growth in output and income.

Learn more about profit, here

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