what is ment by revrnue
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In simple language: Revenue is Income especially when of an organization and of a substantial nature.
explanation: 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.
Revenue is also known as sales on the income statement. It is vital for a startup to get positive revenue early.
hope it help.
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