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Why total revenue equal to total cost?

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).


Are total sales and total revenue the same thing?

Total sales and total revenue are slightly different. Revenue is any type of money or income that is coming into the company, which may not always be a form of sales. Sometimes a company or business may receive revenue from investments, which is different from when it is selling an item. Sales are a part of a company's total revenue.


Revenue is equal to credit sales?

Revenue is often used synonymously to the word sales (cash & credit both)


How do you find the total sales given the total revenue?

By checking one's inventory -- previous inventory minus the current inventory returns the difference that, multiplied by price, and assuming a flat price, would be equal to total revenue.


How do you get the total revenue?

Total sales - Cost of goods sold = Revenue


Is total sales and the total revenue same thing?

Not always. There are sources of revenue other than sales. For example, a company with considerable cash assets may have some revenue from interest.


What word means total sales?

Aggregate Revenue or Gross Sales.


Is total sales and total revenue the same thing?

yes


What is the total revenue at break even point if Ace corporation's variable costs are equal to 43 percent of sales revenue and their fixed costs per month are 600000?

Revenue at BREAK EVEN point is $0.00


Is sales and total operating revenue the same thing?

Sales is the amount received from selling the goods while total operating revenue is the revenue which is earn only through basic business operating activity.


Is net sales the same as total revenue?

yes


What is the relative frequency of the revenue earned by B and B Motors from sales of mini trucks compared to the total sales revenue earned by all four companies?

To determine the relative frequency of the revenue earned by B and B Motors from mini truck sales compared to the total sales revenue of all four companies, you would need the specific revenue figures for B and B Motors and the total revenue of all companies. The relative frequency can be calculated by dividing B and B Motors' mini truck sales revenue by the total sales revenue of all companies, and then multiplying by 100 to express it as a percentage. Without the actual figures, a precise answer cannot be provided.