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In understanding the difference between profit and revenue you need to identify what income is categorized as operational and what is categorized as non operational.
Revenue vs profit definition. Generated from sales of goods and services over a specified period. Profit is defined as the remaining amount of money after subtracting all expenses from the revenue. Balance after subtracting expenses and tax. Revenue vs profit in real life.
Revenue is the total amount of income generated by the sale of goods or services related to the company s primary operations. Profit a side by side comparison chart. Let s say you own an auto repair shop.
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