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When Revenue Is Greater Than Expenses, the Result Is a Net

question 84

Short Answer

When revenue is greater than expenses, the result is a net ________.


Definitions:

Second Law

In thermodynamics, it states that the total entropy of an isolated system can never decrease over time, and is often associated with the concept of energy degradation.

Thermodynamics

The branch of physics that deals with the relationships between heat and other forms of energy, and how these affect matter, encompassing laws that describe energy conservation and entropy.

Energy Conversion

The process of transforming energy from one form into another, such as converting kinetic energy into electrical energy.

Law

A system of rules that are created and enforced through social or governmental institutions to regulate behavior.

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