ECONOMICS

Detailed explanation-1: -Revenue is the money a company earns from the sale of its products and services. Cash flow is the net amount of cash being transferred into and out of a company. Revenue provides a measure of the effectiveness of a company’s sales and marketing, whereas cash flow is more of a liquidity indicator.

Detailed explanation-2: -Gross sales revenue includes the total amount of money a company receives from the sale of products or services. Net sales revenue subtracts sales returns, production costs, and other expenses from the gross sales revenue figure.

Detailed explanation-3: -Tax is the main source of revenue for the government. The government levies taxes on incomes, goods and services.

Detailed explanation-4: -Rent revenue. Dividend revenue. Interest revenue. Contra revenue (sales return and sales discount)

Detailed explanation-5: -Operating revenues describe the amount earned from the company’s core business operations. Sales of goods or services are examples of operating revenues. Non-operating revenues refer to the money earned from a business’s side activities. Examples include interest revenue and dividend revenue.