Let me put it like this: If a business owes 10 dollars in debt to an electrical company, and its losses (losses in part due to expenditure over revenue) during that certain time period are 60 dollars, does it have a loss of 70 dollars?
Actually, let's suppose the business owes 10 dollars in debt overall to all the things it may owe money to at the time. As previously asked, does this mean the business has a loss of 70 dollars?
I don't understand this pointless post. I have been consistently refering to the DIFFERENCE, DIFFERENCE, DIF...., as in, ADDED TO THE DEBT, in the amount of debt FROM YEAR TO YEAR. Additional debt resulting from deficit spending.
YOUR webster : an excess of expenditure over revenue b : a loss in business operations"
But I do understand.....
http://www.sciencenews.org/articles/20040508/bob9.asp
http://find.slate.com/Default.aspx?id=2108284&