Revenue is the income made from business activities and it can also be known as sales. Revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business.
Frequently Asked Questions
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.
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)