define revenue.
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revenue Revenue is the money you collect for providing a product or service. Revenue is different from earnings, which is what's left of your revenue after subtracting the costs of producing or delivering the product or service and any taxes you paid on the amount you took in.
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- revenue noun [C/U]. › the ​income that a ​business or ​government ​receives ​regularly, or an ​amount ​representing such ​income: [C usually pl] ​state/​federal revenues [U] Company revenue ​rose 4% last ​year. (Definition of revenue from the Cambridge Academic Content Dictionary © Cambridge University Press). See all translations.
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Sweeny, TX Profile: Facts, Map & Data The table below compares Sweeny to the other 1,749 incorporated cities, towns and CDPs in Texas by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
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Total Revenue in Economics: Definition & Formula Total revenue in economics refers to the total receipts from sales of a given quantity of goods or services. It is the total income of a business and is calculated by multiplying the quantity of goods sold by the price of the goods.
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IAS 18 â Revenue The objective of IAS 18 is to prescribe the accounting treatment for revenue arising from certain types of transactions and events. Key definition Revenue: the gross inflow of economic benefits (cash, receivables, other assets) arising from the ordinary operating activities of an entity (such as sales of goods, sales of services, interest, royalties, and dividends).
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total revenue InvestorWords.com - Online Investing Glossary. The overall measure of all sources of a company's income, including its sales, for a given period of time. This number is not the same as the profits or the earnings of the company. “ Our total revenue for the year was more than last years and that made me very happy because we were growing.
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What is 'Revenue' DEFINITION of 'Revenue'. The amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise. It is the top line or gross income figure from which costs are subtracted to determine net income.REAKING DOWN 'Revenue'. Revenue is the amount of money that is brought into a company by its business activities. Revenue is also known as sales, as in the price-to-sales ratio, an alternative to the price-to-earnings ratio that uses revenue in the denominator.
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revenues definition Under the accrual basis of accounting, revenues are recorded at the time of delivering the service or the merchandise, even if cash is not received at the time of delivery. Often the term income is used instead of revenues. Examples of revenue accounts include: Sales, Service Revenues, Fees Earned, Interest Revenue, Interest Income. Revenue accounts are credited when services are performed/billed and therefore will usually have credit balances.
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- REVENUE ACCOUNTING. We define revenues as cash inflows or other enhancements of assets. The University's primary. sources of revenue are tuition and fees, government appropriations, grants and contracts, gifts, sales and services of educational activities, and investment income.
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revenue revenue. The total rent, sales, or earnings of a company. When negotiating for the purchase of income-producing property, be sure to inquire about the seller's definition of revenue rather than make the assumption that the seller is using the correct terminology to describe figures supplied to you.Contrast with income.evenue. Revenue is the money you collect for providing a product or service. Revenue is different from earnings, which is what's left of your revenue after subtracting the costs of producing or delivering the product or service and any taxes you paid on the amount you took in.
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revenue 3. revenues, the collective items or amounts of income of a person, a state, etc. 4. the return or yield from any kind of property, patent, service, etc.; income. 5. an amount of money regularly coming in. 6. a particular item or source of income.
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- Definition. Revenue management is the practice of maximizing a company's revenues while selling the same amount of products or services. Also called yield management, some consider it both an art and a science. It employs a mix of pricing strategies and systems to maximize yield.evenue management employs a revenue optimization methodology that helps companies in certain industries exploit their industry’s characteristics to drive additional revenue and higher profitability.
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revenue Why It Matters. Revenue is a measure of how much raw income a company is bringing in from sales of its products and services. A company that sees its revenue rise every year signals that a company is selling more of its products and services which can help it grow. Falling revenues each year signal that a company is faltering or shrinking.
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Revenue Sales revenue or revenues is income received from selling goods or services over a period of time. Tax revenue is income that a government receives from taxpayers. In more formal usage, revenue is a calculation or estimation of periodic income based on a particular standard accounting practice or the rules established by a government or government agency.
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Difference Between Income and Revenue “Revenue” is the starting point of “income” while “income” provides the monetary power and cash flow to produce the next cycle of production and, in extension, the revenue. 5.In a financial statement, “revenue” and “income” are placed at different venues.
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revenue 1. (Economics) the income accruing from taxation to a government during a specified period of time, usually a year. 2. (Government, Politics & Diplomacy) a. a government department responsible for the collection of government revenue. b. (as modifier): revenue men.
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- In business, revenue (net sales) is the income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is also referred to as sales or turnover.
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Revenue management Revenue management. Revenue Management is the application of disciplined analytics that predict consumer behaviour at the micro-market level and optimize product availability and price to maximize revenue growth. The primary aim of Revenue Management is selling the right product to the right customer at the right time for the right price and with the right pack.
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How do companies calculate revenue? A: Revenue is the amount of money a company receives in exchange for its goods and services. The revenue received by a company is usually listed on the first line of the income statement as revenue, sales, net sales or net revenue.
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What is the 'Cost of Revenue' What is the 'Cost Of Revenue'. The cost of revenue is the total cost of manufacturing and delivering a product or service. Cost of revenue information is found in a company's income statement, and is designed to represent the direct costs associated with the goods and services the company provides.
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- Let's review. Total revenue in economics refers to the total sales of a firm based on a given quantity of goods. It is the total income of a company and is calculated by multiplying the quantity of goods sold by the price of the goods.
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Revenue Profits or net income generally imply total revenue minus total expenses in a given period. In accounting, revenue is often referred to as the top line due to its position on the income statement at the very top. This is to be contrasted with the bottom line which denotes net income.
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- Types/Kinds of Revenue: We have discussed earlier the various types of costs of a firm. Now the discussion will centre round the various types of revenue of a firm. Definition of Revenue: By 'revenue' of a firm is meant the total sale proceeds or the total receipts of a firm from the sale of the output. (i) Total Revenue, (ii) Marginal Revenue, (iii) Average Revenue.
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Revenue In business, revenue (net sales) is the income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is also referred to as sales or turnover. Some companies receive revenue from interest, royalties, or other fees.
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What Is the Difference Between Marginal Revenue and Marginal Benefits? Marginal revenue. Marginal revenue is the increase in revenue generated from selling one additional unit of a good or service. Marginal revenue is calculated by dividing the change in total revenue by the change in quantity sold.
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Definition of Sales Vs. Revenue Sales can be defined as income accrued from the selling of goods and/or services over a given period. It is typically used in a phrase such as the net sales for the quarter or the gross sales for the industry this month.. Like revenue, when sales is used alone as in sales are down, it typically means total sales.
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What is 'Revenue' What is 'Revenue'. Revenue is the amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise. It is the top line or gross income figure from which costs are subtracted to determine net income.