If total revenues are the same as total expenses,then a company has which of the following?
A)a loss.
B)a profit.
C)neither a profit nor a loss.
D)negative profit.

Name: If total revenues are the same as total expenses,then a company has which of the following? A)a loss. B)a profit. C)neither a profit nor a loss. D)negative profit.
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Question

Quizplus · Accepted Answer

If total revenues equal total expenses, it means there is a break-even situation where there is neither profit nor loss.

If Total Revenues Are the Same as Total Expenses,then a Company