I am the reason businesses strive and survive, A positive number at the bottom line, When revenues exceed costs, I arrive. What am I? Musk Empire Riddle of the Day 31 July 2024
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Updated Jul 31, 2024
Musk Empire Riddle of the Day 31 July 2024
Today's Riddle:-
I am the reason businesses strive and survive, A positive number at the bottom line, When revenues exceed costs, I arrive. What am I? |
Answer
The answer for today's Musk Empire Riddle of the Day 31 July 2024 is PROFIT.
Answer Explanation
"I am the reason businesses strive and survive": Businesses aim to achieve profit because it indicates their success and ability to continue operations. Profit is essential for growth, investment, and long-term survival. "A positive number at the bottom line": In financial statements, profit is typically shown as a positive number at the bottom line, representing the difference between total revenues and total expenses.
"When revenues exceed costs, I arrive": Profit occurs when a company's revenues are greater than its costs and expenses. It signifies financial gain and successful business performance. Thus, "PROFIT" encapsulates the essence of financial success and the driving force behind business operations and sustainability.
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