How can you find the net revenues for a company in the income statement?

Accounting
Tutor: None Selected Time limit: 1 Day

How can you find the net revenues of the income statement for a company? Is there something you must calculate first?

Oct 30th, 2015

Thank you for the opportunity to help you with your question!

Net revenue refers to gross sales minus the cost of sales, including cost of goods sold. 

Please let me know if you need any clarification. I'm always happy to answer your questions.
Oct 30th, 2015

confusing because I'm looking at a company's income statement and was asked "What are the company's net revenues for the last 3 annual reporting periods. When looking at the income statement is has Total Revenues, Cost of Revenues and Groos Profit?

Oct 30th, 2015

Net revenue is the Total revenue minus cost of revenue

Oct 30th, 2015

Thank you Tutor Lindahh appreciated. But here's another one, when you have current assets,long term assets and a question asks for total assets are the long term assets subtracted from current assets to reach total assets

Oct 31st, 2015

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