What is meant by revenue?
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The income generated from sale of goods orservices, or any other use of capital or assets, associated with the main operationsof an organization before any costs or expenses are deducted. Revenue is shown usually as the top item in an income (profit and loss) statement from which all charges, costs, and expenses are subtracted to arrive at net income. Also called sales, or (in the UK) turnover.
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Hey mate here is your answer
Explanation:
- Revenue=income, especially when an organization and of a substantial nature.
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