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Last month, your profit as a percentage of revenue was 10% and you made a profit of $23,224. Then the total revenue is $232,240
Profit = 10% of revenue
Profit = 23,224 which is 10% of revenue
Revenue = 23,224 divided by 10%
Total revenue = $232,240
- The money received from regular business operations is known as revenue, also known as sales or the top line.
- The difference between revenue (from the sale of goods or services) and operating expenses is operating income.
- Non-operating income, which comes from secondary sources, is irregular or nonrecurring income.
- Governments, charities, and other non-profit organizations, as well as private individuals, all report revenue, though the methods and sources used vary.
- Revenue only includes the proceeds from sales; income and profit also include the costs incurred in generating revenue and reflect net (as opposed to gross) earnings.
- A company's revenue is the money generated by its operations. Depending on the chosen accounting method, there are several ways to calculate revenue.
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