After Collin subtracts the taxes and interest from operating income, he gets a total of -$224. What does this represent for Collin?
A) net loss
B) operating expenses
C) net income
D) gross profit

Name: After Collin subtracts the taxes and interest from operating income, he gets a total of -$224. What does this represent for Collin? A) net loss B) operating expenses C) net income D) gross profit
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Question

Quizplus · Accepted Answer

A negative number indicates a net loss, meaning the expenses exceed the income.

After Collin Subtracts the Taxes and Interest from Operating Income