Revenue

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Revenue is the income made from business activities and it can also be known as sales. 

 

Related Questions 

  • Question 1: Is revenue the same as cash? 

No. Revenue is the money a company earns from selling their products and services. Cash is the amount of money that is being transferred in and out of the business.

  • Question 2: How do you determine revenue? 

To calculate the revenue, you need to multiply the number of sales by sales price. (Revenue = Sales x Average Price of Service or Sales Price)