the revenue of the firm is the money received that a firms get from selling its output.
it doesn't cost is cost revenue is revenue
cost/revenue x100%
Cost of revenue is the amount spent to sell a company's products.
(Projected revenue) - (Extended Cost) (Projected revenue) - (Extended Cost)
Sales revenue = breakeven sales + Fixed Cost Sales revenue = 40000 + 30000 sales revenue = 70000 Prove Sales revenue = 70000 Less: V.C = 40000 Contribution Margin = 30000 Less:Fixed Cost = 30000 Profit (loss) = Nill
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Cost is how much is spent revenue is the annual how much u make
Matching Cost against Revenue principles stipulate that a revenue generated must have an associated cost to it. As & when a revenue is recognized, so is the cost.
+10.46%
total cost= total revenue, it is the same thing in different name.
Profit=Total revenue - Total cost
Marginal Cost = Marginal Revenue, or the derivative of the Total Revenue, which is price x quantity.