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What is the difference between total revenue and operating revenue?
Operating revenue is revenue generated from prime activity of business, or the typical activity that is reoccurring in nature. on the other hand Non Operating revenue is the revenue from source that is not related to the typical activity of business. It may include gain from investment (if organization is not itself a financial institution) , gain from property or by selling some asset or gain from currency exchange. Total Revenue is the sum of both Operating revenue and non operating revenue. For example: Abc Co manufacture furniture, the revenue from selling furniture is $50000 and it also sell its one of its property at $45000 that ABS Co bought several years ago for $40000. .. operating revenue---------= $50000 non operating revenue(45000-40000)= $ 5000 total revenue (50000+5000) $ 55000
What is the Difference between income statement and profit and loss account?
Both are sameIncome statement shows both operating and non-operating amounts. Revenue, Net profit/loss and profit per share. I think you are thinking of the Balance sheet that lists assets, liabilities and shareholders' equity.
What is the difference between operating income and non-operating income?
Operating income is that income which is earned through primary business activity while non operating income is that part of income which is not generated through primary operations of business like interest income, dividend income etc.
What is the difference between the revenue that a company brings in from selling goods and services and the cost of generating this revenue called?
For a normal business it is Profit or Loss (depending upon which is greater) For a non-profit organisation (eg a Charity) it is Surplus or Deficit.
What is the difference between statutory and non statutory audits?
what is the difference between statutory audit and non statutory audit.
What is the difference between total revenue and operating revenue?
Operating revenue is revenue generated from prime activity of business, or the typical activity that is reoccurring in nature. on the other hand Non Operating revenue is the revenue from source that is not related to the typical activity of business. It may include gain from investment (if organization is not itself a financial institution) , gain from property or by selling some asset or gain from currency exchange. Total Revenue is the sum of both Operating revenue and non operating revenue. For example: Abc Co manufacture furniture, the revenue from selling furniture is $50000 and it also sell its one of its property at $45000 that ABS Co bought several years ago for $40000. .. operating revenue---------= $50000 non operating revenue(45000-40000)= $ 5000 total revenue (50000+5000) $ 55000
What are the three types of revenue?
The three types of revenue are operating revenue, non-operating revenue, and other revenue. Operating revenue is generated from a company's primary business activities, while non-operating revenue includes income from secondary activities. Other revenue encompasses one-time or irregular income sources.
Is net profit and net revenue the same?
Operating revenue is only revenue from basic business operating activities while net revenue is included both operating as well as revenue from non operating activities.
Is operating revenues the same as total income?
Operating revenue is the revenue which is earned from basic business operating activities while in tolal income may include revenue from non operating activities as well.
Where does rent revenue go on an income statement?
Rent revenue appears under the Non-Operating Revenue Section on the income statement.
What is undistributed operating expenses?
Non-revenue generating support areas
What is the Difference between income statement and profit and loss account?
Both are sameIncome statement shows both operating and non-operating amounts. Revenue, Net profit/loss and profit per share. I think you are thinking of the Balance sheet that lists assets, liabilities and shareholders' equity.
What is the difference between operating expenses and non-operating expenses?
An interview with a company's operations managers and a review of its commercial ambitions often give investors a clear idea of the firm's operating activities.
What is the difference between premitive and non premitive in operating system?
premitve is a int char float , pointer.... n non premitive is a arrays, structure, union
What is the difference between operating income and non-operating income?
Operating income is that income which is earned through primary business activity while non operating income is that part of income which is not generated through primary operations of business like interest income, dividend income etc.
What is the difference between a proposition and a non proposition?
difference between a proposition and non proposition
What is the difference between the revenue that a company brings in from selling goods and services and the cost of generating this revenue called?
For a normal business it is Profit or Loss (depending upon which is greater) For a non-profit organisation (eg a Charity) it is Surplus or Deficit.
