5. A firm earns a revenue of 5000 and the expense to earn A firm earns a revenue of 5000 and the expense to earn this revenue is 3000.
Income of the firm will be:
(a) 5000
(b) 2000
(c) 8000
(d) 3000
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Answer:
Income of the firm will be:
(a) 5000
Explanation:
BECAUSE REVENUE IS INCOME .
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