Robert7868 Robert7868

26-11-2021
Business

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the difference between total revenue and total expenses when total revenue is greater.

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djtwinx017 djtwinx017

26-11-2021

Answer:

Net loss

Explanation:

A net income occurs when a firm's total revenues (sales) exceed their total costs.

Conversely, a net loss occurs when a firm's total revenues exceed their total costs.

Therefore, the correct answer is net loss.

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