answersLogoWhite

0

It's not called anything. If by profit you mean revenues. Then it is called a loss.

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

What is the difference amount of expense over income called when income exceeds expense?

Expenses more than income is called "Loss" Income over expenses called "Profit"


When the total of the revenue section is more than the total of the expense section on a standard Income Statement what is the difference called?

net profit


What is it called when income is more than expenses?

profit


When you make more money than you started with what is this extra money called?

A "profit".


When expenses are more than income is called?

Their is a LOSS of income, or loss for the business operation. You can have either a LOSS or a PROFIT or possibly break even with neither a loss or a profit.


Is Manchester United a not for profit organization?

a breat club with good coulture. they are more than profit organisation. the club make more profit than any english club.


What is profit motive?

Profit is the difference between cost and proceeds. If the proceeds are more than the cost then one is said to be in profit. Having motivation to achieve proceeds more than the cost is known as profit motive.


Are people more important than profit?

Yes, without the people there is no profit.


When an expense ia paid in cash than net assetts increases and profitnincreases true or false?

1.net assets decreases and profit decreases 2net assets remain the same and profit decreases


Is making a profit immoral?

Profit, in and of itself, is just merely a return on investment. It is merely making more than what was spent. That, in and of itself, cannot be called immoral. For a small business owner, such as myself, profit is my income. If my business doesn't make more than what it spends, I don't have an income. This issue of morality comes up in how I make that profit. If I make that profit by exploitation, abuse, dishonesty or other nefarious means, my means of making that profit are immoral.


What is the importance of profits?

Profits - Expense = Savings and Investment Profits keep a business going as long is it is more than expense.


What are the relationships between Profit and Loss?

In business, when you earn more than what you spent, that surplus amount is called profit. On the other hand, when you sell at a rate lower than the amount you spent, you face a loss. Profit = Selling Price - Cost Price Loss = Cost Price - Selling Price