11 essay 2pts how are revenue and expenses connected? edit view insert format tools table 12pt paragraph b i…

Brief Explanations:

Revenue is the income a business generates from its normal business activities, usually from the sale of goods or services. Expenses are the costs incurred in the process of generating that revenue. The relationship is that net - income (profit) is calculated as revenue minus expenses. A business aims to have revenue exceed expenses to make a profit.

Answer:

Revenue is the money a business earns, and expenses are the costs it incurs. Net - income is determined by subtracting expenses from revenue. A profitable business has revenue greater than expenses.