The difference between a firm's revenue and its cost of goods sold is its accounts receivable.

Name: The difference between a firm's revenue and its cost of goods sold is its accounts receivable.
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The difference between a firm's revenue and its cost of goods sold is its gross profit, not accounts receivable. Accounts receivable refers to the money owed to a company by its customers for goods or services delivered on credit.

The Difference Between a Firm's Revenue and Its Cost of Goods