There is no profit.
loss
loss
It is impossible for net profit to be greater than gross profit. Gross profit is the income made before any expenses. Net profit is less once all expenses have been deducted.
Expenses more than income is called "Loss" Income over expenses called "Profit"
Example sentence - His expenses were more than his income.
There is no money.
Before the break even point, total expenses exceed total income and there is a loss made.
loss
loss
Net Income : When Revenue is greater than Expenses. Net loss : When Expenses are greater than Revenue. References : Basic Accounting (111) Book .
Because the expenses are greater than the income.
Companies make a profit when their gross income is greater than their expenses. Expenses can include renting equipment and paying employees.
It is impossible for net profit to be greater than gross profit. Gross profit is the income made before any expenses. Net profit is less once all expenses have been deducted.
To be able to keep making money even though you have to buy stuff. The income is greater than the expenses basically...
My expenses are more than my income; meaning that I spend more than I bring in.
Expenses more than income is called "Loss" Income over expenses called "Profit"
Example sentence - His expenses were more than his income.