REVENUE AND CASH FLOW STATEMENT

Jun 18th, 2015
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What Does Revenue Mean? The amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise. It is the "top line" or "gross income" figure from which costs are subtracted to determine net income.

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RevenueWhat Does Revenue Mean?The amount of money that a company actually receives during a specific period,including discounts and deductions for returned merchandise. It is the "top line" or "grossincome" figure from which costs are subtracted to determine net income.Revenue is calculated by multiplying the price at which goods or services are sold by thenumber of units or amount sold.Revenue is also known as "REVs".Investopedia explains RevenueRevenue is the amount of money that is brought into a company by itsbusiness activities. In the case of government, revenue is the money received fromtaxation, fees, fines, inter-governmental grants or transfers, securities sales, mineral rightsand resource rights, as well as any sales that are made.Operating IncomeWhat Does Operating Income Mean?The amount of profit realized from a business's operations after taking out operatingexpenses - such as cost of goods sold (COGS) or wages - and depreciation. Operatingincome takes the gross income (revenue minus COGS) and subtracts other operatingexpenses and then removes depreciation. These operating expenses are costs which areincurred from operating activities and include

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