Revenue can be described as which of the following?
A)all the money that a company has to work with
B)the money from loans,sales,and contributions
C)the income gained from the sale of goods or services
D)the income gained from sales minus the cost of creating the goods

Question

Quizplus · Accepted Answer

Revenue is the income gained from the sale of goods or services. It does not include money from loans, contributions, or other sources of income. It is also not the same as all the money a company has to work with, as that could include assets, investments, and other forms of capital. It is also not the same as the income gained from sales minus the cost of creating the goods, which is referred to as gross profit or gross margin.

Revenue Can Be Described as Which of the Following