Question: If revenues equal $ 1 0 0 , 0 0 0 and expenses equal $ 1 2 0 , 0 0 0 , then net

If revenues equal $100,000 and expenses equal $120,000, then net income (loss) must equal
$220,000
$20,000
expenses cannot be greater than revenues
$(20,000)
If revenues equal $100,000 and expenses equal $120,000, then net income

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