Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

But then you lost money. If you are selling assets worth $10 for $1, your revenue is literally negative


https://www.investopedia.com/terms/r/revenue.asp

Net income would be negative. Aka profit.

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.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: