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Last year, Carmelas florist shop had higher expens revenues. Which of the following must be true? Carmela needs to raise the prices for her goods. e Carmela is operating a nonprofit organization Carmelas employées earned no salary last year. The florist shop posted a profit for last year. The florist shop posted a loss for last year

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Answer #1

Answer: The florist shop posted a loss for last year.

Explanation:

Profit = Revenues - Expenses

When expenses are more than revenues, the profit becomes a negative figure, that is a loss.

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