GDP
Gross Profit
In marketing, revenue is the total income earned from goods or services. This is the total amount earned minus any necessary reductions. For instance, the revenue of a site's advertising would be the income minus the publisher's share (if any) and taxes (if any).
Cost of goods plus gross profit margin equals to total sales revenue of firm.
Net income equals revenue minus expenses minus taxes So, revenue minus net income equals expenses plus taxes
Gross income is basically revenues and gains minus expenses and losses. Net income is gross income minus taxes. Profit is directly related to products and services. For example, sales minus cost of goods sold (what the business paid)= profit. Revenue can be sales revenue, revenue collected from interest on investments, etc... It is actual money earned. saranrajh HNDM marketing spl. 2012-04-18.
No total revenue is total finance in, you need to take from this the running costs of the business to get the gross profit (net sales minus the cost of goods and services sold).
Profits
Profit
sales sales revenue minus net sales revenue
The money a firm gets through selling its goods and services to customers is referred to as sales revenue. All product and service sales are included in sales revenue, but they are not necessarily counted in real time. The income a corporation receives through the selling of goods or even the supply of services is referred to as sales revenue. Revenue is a company's total gross income, with sales of goods or services being the primary source of revenue for most businesses. Gross revenue refers to the whole amount of money earned from a sale, excluding any expenses incurred from any source.
EXpense
Gross revenue is the total sales/income from the primary business activity. Gross profit is Net Sales minus Cost of Goods Sold. Look at a multiple-step income statement for clarification.