Business Revenue Is Quizlet
Business expenses that are not dependent on the level of goods or services produced by the business.
Business revenue is quizlet. They tend to be time related such as salaries or rents being paid per month and are often referred to as overhead. For its first 10 years quizlet s business was entirely bootstrapped. Start studying ch 6 business cost and revenue. Start studying business revenue and costs.
In short revenue price x quantity. Revenue is the income earned by a business over a period of time eg one month. The expenses involved in making a product. Following a 20 million round earlier this year quizlet is seeing solid growth in revenue and maus.
What the business pays to make the good or serve the customers revenue sales revenue sales turnover the amount of income received from selling goods or services. It was founded in 2005 by andrew sutherland who at the time was a 15 year old student who programmed online flashcards to help him pass french class. Revenue average price x quantity. Costs that change with the amount produced.
Learn vocabulary terms and more with flashcards games and other study tools. Learn vocabulary terms and more with flashcards games and other study tools. The startup initially made money from a side business run by one of the co founders. Start studying sales revenue costs and profit.
Quizlet hits 50m monthly users kate clark kateclarktweets 2 years. The cost of raw materials rises as more output is made. The revenue received for selling a good per unit of output sold found by dividing total revenue by the quantity of output. The amount of revenue earned depends on two things the number of items sold and their selling price.