Revenue In History Definition
Revenue is money earned by a business or income received by the government from taxes.
Revenue in history definition. The total income produced by a given source a property expected to yield a large annual revenue. Revenue is a form of income that is earned by the sale of goods or services. 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 definition the income of a government from taxation excise duties customs or other sources appropriated to the payment of the public expenses.
Revenue is money brought into a company by its business activities. Instead of correcting errors after they occur or not detecting and correcting them at all revenue assurance enables the csp to examine and plug dozens of actual or potential leakage points throughout the network. Revenue in economics the income that a firm receives from the sale of a good or service to its customers. The gross income returned by an investment.
The government is always interested in dreaming up new sources of revenue and so is the average head of a company unless she doesn t want to be the head anymore. The revenue recognition principle a feature of accrual accounting requires that revenues are recognized on the income statement in the period when realized and earned not necessarily when cash. Gross revenue is the revenue earned without subtracting costs and expenses related to the revenue such as overhead. Revenue also referred to as sales or income forms the beginning of a company s income statement and is often considered the top line of a business.
The company s performance is measured to the extent to which its asset inflows revenues compare with its asset outflows net income is the result of this equation but revenue typically enjoys equal attention during a standard earnings call if a company displays solid top line growth analysts could view the period s. Revenue is a crucial part of financial statement analysis. Revenue assurance is the application of a process or software solution that enables a communications service provider csp to accurately capture revenue for all services rendered.