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14 October, 16:06

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

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  1. 14 October, 16:16
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    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.
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