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But then you lost money. If you are selling assets worth $10 for $1, your revenue is literally negative
by FalconSensei 5y ago
But then you lost money. If you are selling assets worth $10 for $1, your revenue is literally negative
- lotsofpulp 5y agohttps://www.investopedia.com/terms/r/revenue.asp https://www.investopedia.com/terms/r/revenue.asp Net income would be negative. Aka profit. https://www.investopedia.com/terms/n/netincome.asp https://www.investopedia.com/terms/n/netincome.asp If you sold 2 $10 bills and received $2 in exchange, your revenue is $2, your cost of goods sold is $20, and your net income or profit is -$18.