Business Definition Of Revenue
Net profit is how much is left after all of the company s expenses are subtracted from the revenue.
Business definition of revenue. Video explanation of revenue streams. The types of revenue that a business records on its accounts depend on the types of activities carried out by the business. How to use revenue in a sentence. Revenues the collective items or amounts of income of a person a state etc.
The following are common types of revenue. A particular item or source of income. Revenue is money that is generated as a result of business activities. Companies must keep up with annual revenue as it is a number used for tax purposes.
ˈrev ə nuː also revenues c1 the income that a government or company receives regularly. The annual business revenue is how much money a company generates in a year whether from sales or interest from investment. Taxes provide most of the government s revenue. Revenue may refer to income in general or it may refer to.
Revenue is also known as sales as in the price to sales ratio an alternative to the price to earnings ratio that uses revenue. Revenue is money brought into a company by its business activities. Generally speaking the revenue accounts of retail businesses are more diverse as compared to businesses that provide services. Revenue is different from net profit.
An amount of money regularly coming in. The return or yield from any kind of property patent service etc. Revenue definition is the total income produced by a given source.