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Revenue is the income of the government and it can only be used for public services like building roads, maintaining school and office buildings, and the likes.
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What is the term used to describe the difference between revenue and expenses?
Revenue is the amount of money a business/person makes as a whole. Expenses are things that a business/person has to pay for with their revenue such as utilities that a business uses. What's left over from the revenue after the expenses are paid for is profit.
Relationship between Marginal revenue and Demand curve?
marginal revenue always lies behind the demand curve,and when demand increases marginal revenue also increases.demand curve is used to determine price of a commodity.
Differentiate average revenue and marginal revenue?
Average Revenue: Total revenue divided by the number of units sold. Marginal Revenue: Is the extra revenue that an additional unit of product will bring. It is the additional income from selling one more unit of a good; sometimes equal to price. It can also be described as the change in total revenue ÷ the change in the number of units sold. Relationship: They both are the revenue brought in by, in this case, units sold. They are both used to calculate the total revenue just that marginal is any exrta revenue that the average revenue has left over.
What is the meaning of average revenue and marginal revenue?
what is average revenue?
What is public revenue in India?
The revenue received by the govt. of india from all its resouerces is know as Public Revenue. There are twi types of revenues:- 1) Tax Revenue 2) Non-Tax revenue - sub-types a) Commerrcial Revenue b)Fee etc..
Can the IF function in Excel be use to calculate future revenue?
Potentially it could be used that way, depending on what data you had and how you were calculating the future revenue. If the revenue is conditional on something, then it could be used. There are lots of financial functions that could be used in relation to revenue.
What equation is used to determine revenue?
Revenue(x) = Price(x) * x
What is a bill for raising revenue is a?
A bill used for raising revenue is called a revenue bill. This bill is used to propose methods used to raise money for certain purposes like tariffs, taxes, custom duties, etc.
What is a bill for raising revenue called?
A bill used for raising revenue is called a revenue bill. This bill is used to propose methods used to raise money for certain purposes like tariffs, taxes, custom duties, etc.
How is math used in stores?
cash register...profit...revenue cash register...profit...revenue
What is the difference between revenue codes 250 and 253 when billing prescription drugs?
Revenue code 253 is to be used when dispensing drugs the patient is taking home Revenue code 250 is to be used when billing for drugs used while the patient was in house
Revenue is equal to credit sales?
Revenue is often used synonymously to the word sales (cash & credit both)
The revenue recognition concept?
The revenue recognition concept is commonly used in accrual form of accounting. This indicates revenue should only be recorded when and entity is completed to a substantial level.
What is a sentence for revenue?
The government's tax revenue must increase each year to keep up with spending. The revenue from the bond sale was used to improve several bridges in the city.
What are the documents used in Revenue and receipt cycle?
Tax Invoice
State revenue cannot be used to fund what?
private businesses
What is the term used to describe the difference between revenue and expenses?
Revenue is the amount of money a business/person makes as a whole. Expenses are things that a business/person has to pay for with their revenue such as utilities that a business uses. What's left over from the revenue after the expenses are paid for is profit.
