babydes6679 babydes6679
  • 13-01-2018
  • Business
contestada

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

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Kalahira
Kalahira Kalahira
  • 26-01-2018
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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