If A Company Reports A Loss Of $15,000 And Total Expenses Of $310,000, What Are Its Revenues?
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An appropriate formula is
revenue - expenses = profit
revenue = profit + expenses
revenue = -15000 + 310000
revenue = 295000
The company's revenue was $295,000.
revenue - expenses = profit
revenue = profit + expenses
revenue = -15000 + 310000
revenue = 295000
The company's revenue was $295,000.
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