Revenue
Revenue is the income generated from the sale of goods or services, or any other use of capital or assets, associated with the main operations of 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.
History of Revenue
The concept of revenue has been around since the dawn of civilization. In ancient times, revenue was generated through the sale of goods and services, as well as through taxation. In the Middle Ages, revenue was generated through the sale of goods and services, as well as through taxation. In the modern era, revenue is generated through the sale of goods and services, as well as through taxation, investments, and other sources.
Comparison of Revenue Sources
| Source | Revenue |
|---|---|
| Sales of Goods and Services | $1,000,000 |
| Taxation | $500,000 |
| Investments | $250,000 |
| Other Sources | $100,000 |
Summary
Revenue is the income generated from the sale of goods or services, or any other use of capital or assets, associated with the main operations of an organization before any costs or expenses are deducted. Revenue is generated through the sale of goods and services, as well as through taxation, investments, and other sources. For more information about revenue, visit websites such as Investopedia, The Balance, and the Internal Revenue Service.
See Also
- Gross Profit
- Net Profit
- Operating Profit
- Gross Margin
- Net Margin
- Operating Margin
- Revenue Recognition
- Revenue Streams
- Revenue Cycle
- Revenue Model
