What does a company show when its costs are greater than its revenues?

1. Profit is the money left over once a company has paid all of its costs. 2. If costs exceed revenues there is nothing left over, so the company shows a loss. 3. A loss is the mirror image of profit and is the ordinary risk of being in business. 4. Revenue itself does not rise merely because costs are high, so that option confuses two separate figures. _Source: OpenStax Introduction to Business (CC BY 4.0), Ch 1 "Understanding Economic Systems and Business", section 1.1 The Nature of Business_