alexismcclary8584 alexismcclary8584
  • 25-02-2020
  • Business
contestada

The excess of revenue over the expenses incurred in earning the revenue is called capital. True False

Respuesta :

BenitoMarin BenitoMarin
  • 25-02-2020

Answer:

The statement is: False.

Explanation:

Net Income is the result of subtracting a company's expenses in generating income from the total revenue and deducting taxes from that figure. The net income may be distributed as a dividend among common stock shareholders or retained by the company. Instead, capital refers to financial resources such as equity, debt, trading, and working capital.

Answer Link

Otras preguntas

FACT of the day "The cause of the popping sound produced by knuckle cracking(fingers) is largely a mystery."
The population of a city is expected to increase by 7.5% next year. If p represents the current population, write an expression that represents the expected pop
which of the body systems does not rely on the autonomic nervous system to stimulate involuntary events
What system includes oxygen, nitrogen, and ozone? a. geosphere b. hydrosphere c. atmosphere d. biosphere
Can someone please help me solve this problem?
what is the slope in 3y-4x=12
How does an octopus make a screen
Tyrees purchase a container of juice that contains 220 cal the label says the 60% of the calories are from carbohydrates how many calories are not from carbohyd
Which one of the following is not a compound? Select one: a. salt b. sugar c. cooking oil d. chocolate chip cookies
What occurs when a rock is broken into smaller pieces without a change in the rock's mineral composition?