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Zina [86]
2 years ago
12

When a business does not generate enough revenue to cover salaries, rent, and other expenses, it incurs a _____.

Business
1 answer:
STALIN [3.7K]2 years ago
5 0

Answer:

The correct answer is: Net Loss.

Explanation:

A Net Loss or Net Operating Loss (<em>NOL</em>) occurs when the firm's expenditures are higher than its revenue. Net losses are the results of different factors such as inefficient employees, competition or unexpected market conditions (war). If a company reports net losses, it does not necessarily imply it will file for bankruptcy since there are other sources from where the company can hold like loans.

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Joan is a manager with Steel Works, Inc. Joan would love to beat the budget this year. She believes that revenues for the coming
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Read more about budgetary slack

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2 years ago
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Answer:

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