If old - fashioned toys' revenues are less than its expenses during the accounting period, then the

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Advanced Placement (AP)

Tiana Landry

8 November, 02:29

If old - fashioned toys' revenues are less than its expenses during the accounting period, then the

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Aliana Franklin · Answer 1

If revenues are less than expenses, then the business sustains a loss. This is because there will be no cash flow remaining to for the next year’s operation, there should an allotted funds for the company to be able to sustain each and every year.