Question: Is there a difference between revenue and profit? Question 8 options: No , they are two terms for the same thing. Yes, profit occurs when
Is there a difference between revenue and profit?
Question options:
No they are two terms for the same thing.
Yes, profit occurs when the company operates at a positive net income. Profit occurs when the company operates at a negative income loss
Yes, profit is the amount received from sales. Revenue is equal to profit minus expenses.
Yes, revenue is the amount received from sales. Profit is equal to revenue minus expenses.
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