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What is difference between profit, revenue?
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Answer / daniel
Technically revenue are flows of income that arise from the
ordinary activities of the company.
Profit = income - expense
--> when income = gains + revenue
Therefore revenue is a subset of income which is an element
of profit.
| Is This Answer Correct ? | 29 Yes | 12 No |
Answer / nageswara rao
Revenue means income from regular business transactions,
where as profit = revenue - expenses.
| Is This Answer Correct ? | 17 Yes | 3 No |
Answer / ganesh
Revenue means if we run a business we get some income
regularly that is called revenue,
Profit means= Revenu- expenses
| Is This Answer Correct ? | 14 Yes | 3 No |
Answer / hader abdelkader
profit : the amount of money abusiness earns above and
beyond what is spends for expenses
revenue the amount of money abusiness takes in agiven period
by selling goods and rendering service
| Is This Answer Correct ? | 6 Yes | 3 No |
Answer / sweksha
profit = Money earned after subtraction of expenses.
revenue = The total amount of money received by the company
for goods sold or services provided during a certain time
period. It also includes all net sales, exchange of assets;
interest and any other increase in owner’s equity and is
calculated before any expenses are subtracted. Net income
can be calculated by subtracting expenses from revenue.
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / e7jose
profit=total income of a business subtracting all expenses..
revenue=total income of the company without subtracting all
or any expense of the business.it is actual money earned by
the company from goods sold and services being rendered...
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / naveengokarapu@gmail.com
Revenue - It is the receipt from sale of product or from
providing service.
Profit - It is the excess of receipts over expendeture.
profit = revenue - overheads
| Is This Answer Correct ? | 3 Yes | 3 No |
Answer / suresh
profit is an excess amount of revenues over the related expenses.
profit=Total revenues-expenses
where as revenue is the amount that adds to the capital
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / ibrahim
revenue mean all cash inflow which a company made through its operations.
while profit = revenue-total cost
| Is This Answer Correct ? | 0 Yes | 0 No |
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