Ask Question
14 October, 16:06

When a company's revenue is greater than its expenses, it means that?

+5
Answers (1)
  1. 14 October, 16:16
    0
    The answer is profit. Revenue refers to income. (ie) what ever comes in for a concern it is considered as a income. Here revenue is greater than expense which shows that there is more income over the expenses. Unless revenue is more a company cannot earn profit. So here the company is making profit.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “When a company's revenue is greater than its expenses, it means that? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers