Question

2) Sources of revenue of the corporation. short note​

Answer 1

Answer:

What Is Revenue?

Revenue is the income generated from normal business operations and includes discounts and deductions for returned merchandise. It is the top line or gross income figure from which costs are subtracted to determine net income

Explanation:

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Answer 2

Answer:

Revenue is the income generated from normal business operations and includes discounts and deductions for returned merchandise. It is the top line or gross income figure from which costs are subtracted to determine net income.

\begin{aligned} &\text{Sales Revenue} = \text{Sales Price} \times \text{Number of Units Sold} \\ \end{aligned}

Sales Revenue=Sales Price×Number of Units Sold



Revenue is also known as sales on the income statement. It is vital for a startup to get positive revenue early.