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3 August, 04:55

A bussiness reports profits when ___ are greater than___.

A - revenues, demand

B - supply, demand

C - expenses, revenues

D-revenues, expeses

E-expenes, supply

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  1. 3 August, 05:11
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    The answer is D, Revenues, Expenses

    A business reports profits when Revenues are greater than Expenses.

    Revenue is money or income that is generated as a result of business activities, simply by the sale of any product or service of the company.

    Expense is the cost that is incurred to produce or deliver a service to the customers.

    So when the Revenues of a company are greater than the expenses of the company in a given year, the company is said to be generating Profit that year. Similarly, if the Expenses are greater than Revenues, the company is said to be in Loss.
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