By 1947 production costs exceeded income, and the company decided to close down.
Even so, 2010 expenses were expected to exceed income by nearly $140,000.
The money from outside work can easily exceed their regular income.
So, for the average person, financial obligations exceed income by a ratio of more than six to one.
In order to keep the fund balanced, expenditures must not exceed income.
If expenses exceed income the residual amount is a loss.
In 1892, the union's expenditure exceeded its income and reserves for the first time.
The write-off cannot exceed the business's income, however, he said.
That wasn't realistic: liabilities exceeded income in the first year.
If the trend continues downward, spending, in theory, will exceed income.