difference between revenue and income in points
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" Revenue " is generated after a business produces and sells products and services. The computation of revenue includes multiplying the price by the number of units sold. “Income” is received after the deductions for costs and expenses from the revenue.
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Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations. Income, or net income, is a company's total earnings or profit.
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