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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?
What else can I help you with?
What is it called When tax revenues exceed expenditures?
Budget Surplus
Net income will result during a time period when?
revenues exceed expenses.
What is the basic principle of tax system?
To generate revenues to pay for government expenditures.
When revenues equal expenditures the government budget is?
Cyclical.╓­­­■Taxen■╖
Which describes a budget in which expenditures exceed revenue?
budget deficit
Does deficit occur when expenditures exceed revenues?
yes it exceeds.
What is it called When tax revenues exceed expenditures?
Budget Surplus
When revenues exceed expenditures, _____.?
there is a budget surplus
When revenues exceed expenditures the government has a?
a big fat in the red( deficet )not sure how to spell it
Why does the federal government's debt go up every year?
because expenditures exceed revenues, currently by about $1 trillion/year
What is the difference between capex and revex?
CAPEX= Capital Expenditures REVEX = Revenues Expenditures
Net income will result during a time period when?
revenues exceed expenses.
When government revenues and expenditures are equal there is?
A balanced budget
Is it good for the US to have a deficit and why?
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.
What is the basic principle of tax system?
To generate revenues to pay for government expenditures.
When revenues equal expenditures the government budget is?
Cyclical.╓­­­■Taxen■╖
Which describes a budget in which expenditures exceed revenue?
budget deficit
