Providing nothing has been overlooked, you make a profit but don't forget to allow for tax to be paid on your profits. The amount of profit has to be considered to ensure you are masking a sufficient return for your capital and efforts. Is the rate of return better than you could have achieved by investing the money somewhere else for instance?
a surplus.
Budget Surplus
revenues exceed expenses.
Cyclical.╓­­­■Taxen■╖
To generate revenues to pay for government expenditures.
budget deficit
Budget Surplus
yes it exceeds.
there is a surplus or profit.
a big fat in the red( deficet )not sure how to spell it
Alaska is the only profitable US State. Revenues exceed expenditures. Governor Palin is responsible for this.
because expenditures exceed revenues, currently by about $1 trillion/year
CAPEX= Capital Expenditures REVEX = Revenues Expenditures
revenues exceed expenses.
NO! a deficit means that the US's expenditures exceed their revenues (money earned from taxes). If the deficit cant be closed at the end of the fiscal year the deficit becomes a Debt.
A balanced budget
Cyclical.╓­­­■Taxen■╖
To generate revenues to pay for government expenditures.