Revenue And Profit Lines

The amount of revenue earned depends on two things the number of items sold and their selling price.

Revenue and profit lines. Line revenue for q3 2020 came to 62 9 billion 602 million. The profit or loss is determined by taking. Revenue is the total amount of income generated by the sale of goods or services related to the company s primary operations. Profit typically called net profit or the bottom line is the amount.

Revenue is the income earned by a business over a period of time eg one month. Revenue also referred to as sales or income forms the beginning of a company s income statement income statement the income statement is one of a company s core financial statements that shows their profit and loss over a period of time. Revenue also known as gross sales is often referred to as the top line because it sits at the top of the income statement. Total line revenue for 2019 came to 227 billion 2 2 billion and for 2018 came to 207 2 billon 1 9 billion.

Income or net income is a company s total earnings or profit. This represents a 12 4 increase over q3 2019.