Question

Revenue from Operations less cost of Revenue froom Operations is called :

Answer 1

Answer:

Revenue from operations or operating revenue can be defined as the income generated by an entity from its daily core business operations. If the entity is able to generate a steady flow of income from its operations, it is said to have been running successfully. It is also called operating revenue.

Explanation:

Revenue from operations is calculated by taking into account the figure of “sales” after factoring in any sales return or discounts allowed.

Revenue from operations is calculated by taking into account the figure of “sales” after factoring in any sales return or discounts allowed.After calculating the net operating revenue from the above step deduct the “cost of operations” to derive the operating profits of a company. The same can be explained with the help of a simple illustration.

Revenue from Operations is the starting point for Profit and Loss or Income and Expenditure Account. Following are some of the incomes/expenditures which are not considered while calculating revenue from operations.

Revenue from Operations is the starting point for Profit and Loss or Income and Expenditure Account. Following are some of the incomes/expenditures which are not considered while calculating revenue from operations.Income from Non-operating activities like profit on the sale of an asset, Income from investments, etc.

Revenue from Operations is the starting point for Profit and Loss or Income and Expenditure Account. Following are some of the incomes/expenditures which are not considered while calculating revenue from operations.Income from Non-operating activities like profit on the sale of an asset, Income from investments, etc.Administrative expenses like salaries, lighting and electricity, etc.

Revenue from Operations is the starting point for Profit and Loss or Income and Expenditure Account. Following are some of the incomes/expenditures which are not considered while calculating revenue from operations.Income from Non-operating activities like profit on the sale of an asset, Income from investments, etc.Administrative expenses like salaries, lighting and electricity, etc.Selling expenses like advertising and promotions, etc.

Hope it helps uh!

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