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As far as I know, nothing. Revenue and Income are sometimes interchangeable. Revenue refers to money made by a business (ALL MONEY) and generally just the term Income does too. There are other terms to consider.
Revenue (or Income)
Gross Income (the amount of money a company has AFTER COST OF GOODS SOLD are deducted)
Net Income (the amount of money the company has earned after all expenses have been paid, taxes, etc.)
Retained Earnings (the amount the company keeps after any dividends are paid on stock if applicable)
Net Income divided by Revenue equals Net Profit Margin
Let me give a few quick examples of the terms:
Say you sale a motorcycle for $15,000.
$15,000 is your Revenue (or income)
You paid $7.500 for the bike, this is the Cost of Goods Sold
Gross Income would be equal to
$15,000 (Revenue) - $7,500 (COGS) = $7,500 (Gross Income)
Net Income after all Taxes and Expenses are paid, to keep this figure simple we will only use one expense. Say your paid commission of 25% to the salesman of the original $15,000
$7,500 (Gross Income)- $3,750 (expenses)= $3,750 (Net Income)
We will assume that there are no dividends to pay, therefore the $3,750 is also your retained earnings, your profit on the sale of the bike.
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What does Revenue less expense equal?
net income
Is net earnings equal to net income?
I believe so. Net Income is equal to the income that a firm has after subtracting costs and expenses from the total revenue.
What does revenue income mean?
Revenue is income that is basically income such as, income, income and more income. Do You Understand ?!
Examples of revenue income?
Give me a example of Revenue Income, pls?
Distinction of income taxs from revenue?
Revenue would be income. Income taxes would be a liability.
What does Revenue less expense equal?
net income
Is net earnings equal to net income?
I believe so. Net Income is equal to the income that a firm has after subtracting costs and expenses from the total revenue.
Does the federal income tax equal 50 percent of your federal tax revenue?
true
What does revenue income mean?
Revenue is income that is basically income such as, income, income and more income. Do You Understand ?!
Examples of revenue income?
Give me a example of Revenue Income, pls?
Distinction of income taxs from revenue?
Revenue would be income. Income taxes would be a liability.
What is Net income divided by net sales is equal to?
Profit Margin
What is the formula to calculate the gross margin?
The gross margin formula is gross profit divided by revenue. The gross profit and revenue amounts can be found by looking at a companies income statement.
What is the meaning of revenue receipt in context of income tax?
A revenue receipt in context with income tax is the time that revenue or income occurred. A revenue receipt can also be a type of proof of revenue, such as a W-2 Form from an employer.
Differentiate average revenue and marginal revenue?
Average Revenue: Total revenue divided by the number of units sold. Marginal Revenue: Is the extra revenue that an additional unit of product will bring. It is the additional income from selling one more unit of a good; sometimes equal to price. It can also be described as the change in total revenue ÷ the change in the number of units sold. Relationship: They both are the revenue brought in by, in this case, units sold. They are both used to calculate the total revenue just that marginal is any exrta revenue that the average revenue has left over.
Where does other or rent revenue go on the income statement?
Other or rent revenue is also revenue which is not from basic operations of business that's why this revenue is shown as other revenue in income statement.
Where does rent revenue go on an income statement?
Rent revenue appears under the Non-Operating Revenue Section on the income statement.
