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dangina [55]
3 years ago
10

When the revenue for a business is less than its costs, it is making a profit

Business
2 answers:
Vinvika [58]3 years ago
6 0

Answer:

False

Explanation:

Is exactly the opposite. The necessary condition for profit making is having a revenue higher than costs. Accordingly to the following equation:

Profit = revenue - costs, where revenue > costs. If cost is greater than revenue , the bussines is losing money

torisob [31]3 years ago
3 0
NO, if reveneu is less then cost then company is in loss as following forumula: Net profit (loss) = Revenue - Cost
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maksim [4K]

Answer:

The total amount of cash expected to be received from customers in September is: B. $ 108,000

Explanation:

The total amount of cash expected to be received from customers in September include the following :

  1. <em>Cash Sales in the month of September - 25 %</em>
  2. <em>Cash Receipts from Accounts for August Sales - 75 %</em>

<u>The Calculation of cash expected to be received from customers in September is as follows :</u>

Cash Sales - September = 120,000 × 25% =  30,000

Credit Sales - August = 104,000 × 75%      =   78,000

Total                                                              =  108,000

4 0
3 years ago
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Rufina [12.5K]

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8 0
3 years ago
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asambeis [7]

Answer:

Premium

Explanation:

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Answer:

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Answer:

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2 years ago
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