World History Definition Of Revenue

Revenue synonyms revenue pronunciation revenue translation english dictionary definition of revenue.

World history definition of revenue. Although taxation has a long history it played a relatively minor role in the ancient world. Revenue definition the income of a government from taxation excise duties customs or other sources appropriated to the payment of the public expenses. 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. Tariffs taxes on imported goods were often of considerably more importance than internal excises so far as the production of revenue went as a means of raising additional funds in time of war taxes on property would be temporarily imposed.

Taxes on consumption were levied in greece and rome. Revenue is a crucial part of financial statement analysis. Revenue is money earned by a business or income received by the government from taxes.