ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Costs
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Profits
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Deductions
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Revenue
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Detailed explanation-1: -Revenue is the money a company earns from the sale of its products and services.
Detailed explanation-2: -Revenue is the amount of money a company receives in exchange for its goods and services or conversely, what a customer pays a company for its goods or services. The revenue received by a company is usually listed on the first line of the income statement as revenue, sales, net sales, or net revenue.
Detailed explanation-3: -Total Revenue-Total cost = Profit.
Detailed explanation-4: -Total revenue, also known as gross revenue, is your total revenue from recurring (MRR) and non-recurring revenue streams. In other words, it’s the total amount of income your company brings in from selling your products/services.