REVENUE VS PROFIT
REVENUE
REVENUE= NO. OF UNITS SOLD X SELLING PRICE PER SHARE
REVENUE IS A SUPERSET OF PROFIT
WITHOUT PROFIT, REVENUE CAN BE EARNED
IT IS ALSO 2 TYPES:
1) OPERATING REVENUE
2) NON – OPERATING REVENUE
PROFIT
PROFIT = REVENUE- EXPENSES
PROFIT IS A SUBSET OF REVENUE
WITHOUT REVENUE, THERE CAN BE NO RPOFIT
PROFIT CAN BE 2 TYPES :
1)NET PROFIT
2) GROSS PROFIT
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