UNSUCCESSFUL
Net income
Increase your income!
Get another job to increase income.
revenues exceed expenses.
Work overtime or get another job.
Net income
Increase your income!
Get another job to increase income.
Get another job to increase income.
Get another job to increase income.
revenues exceed expenses.
Before the break even point, total expenses exceed total income and there is a loss made.
Work overtime or get another job.
Expenses minus income is referred to as net income or net loss. If expenses exceed income, it results in a net loss, indicating a deficit in finances. Conversely, if income surpasses expenses, it results in a net income, reflecting profitability. This calculation is crucial for assessing financial health and budgeting.
The amount by which revenue exceeds expenses. If expenses exceed revenue it is a net loss.
Work overtime or get another job.
Expenses more than income is called "Loss" Income over expenses called "Profit"