Accountancy, asked by ritikajakhotiya1164, 3 months ago

Can Net income be bigger than revenue?

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Answered by sumi12309
0

Answer:

The formula for net income is simply total revenue minus total expenses. ... Your company has a sales revenue of $100,000 with low expenses, so you have a net income of $50,000. Even though company A has a higher revenue, your company's more profitable.

Explanation:

hope it helps!

Answered by HiddenHive
14

Answer:

hope that helps ✌!!!!!!!!!!!

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