John's business has more expenses than it has revenues this year; therefore, his business has a
A)net loss.
B)net increase.
C)net income.
D)net cash flow.

Name: John's business has more expenses than it has revenues this year; therefore, his business has a A)net loss. B)net increase. C)net income. D)net cash flow.
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Question

​John's business has more expenses than it has revenues this year; therefore, his business has a
A)​net loss.
B)​net increase.
C)​net income.
D)​net cash flow.

Quizplus · Accepted Answer

When a business has more expenses than revenues, it means that the business is operating at a loss. The net loss is the amount by which expenses exceed revenues.

​John's Business Has More Expenses Than It Has Revenues This

John's Business Has More Expenses Than It Has Revenues This