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In 2 0 2 0 , retailer JCPenney was forced to file bankruptcy because it experienced a negative profit caused by the COVID - 1

2020,

retailer JCPenney was forced to file bankruptcy because it experienced a negative profit caused by the COVID

- 19

pandemic. This negative profit is referred to as which of the following?

A loss

Expenses

Inverse sales revenue

Negative sales revenue

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