How do you figure out the revenue?

Society Business and Career
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Re: How do you figure out the revenue?

Hmm...

it is the selling price x number of items sold= total income

OR

Total sales - Cost of goods sold = Revenue

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Re: How do you figure out the revenue?

^The first one. The second one is actually gross profit.

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Re: How do you figure out the revenue?

Under US GAAP, Revenue is another name for Total Sales.