Budget question

Discussion in 'Community Discussion' started by longball11, Mar 4, 2009.

  1. longball11 macrumors 6502a

    longball11

    Joined:
    Feb 3, 2009
    #1
    I am doing a budget workbook for a class. What apparel to buy a sports team, equipment, paying officials, etc. In the end, I added up to get the subtotal and then subtract it from the total revenue. Am I supposed to get a negative number?
     
  2. Mr. Giver '94 macrumors 68000

    Mr. Giver '94

    Joined:
    Jun 2, 2008
    Location:
    London
    #2
    If you get a negative number you have a deficit as in you've over spent your budget. If that doesn't sound plausible I'd make sure your figures are accurate.
     
  3. rhsgolfer33 macrumors 6502a

    Joined:
    Jan 6, 2006
    #3
    If you had more expenses that revenues then you would get a negative number (net loss). If this is the case you may want to decrease your expenses or increase your revenues (if possible), unless your teacher allows you to budget for a loss. Most of the time you should be budgeting to at least break-even, if not have a net income.
     

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