Commerce Exam > Commerce Questions > Revenue for a firm isa)Money receipts from th...
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Revenue for a firm is
- a)Money receipts from the sale of output
- b)Average price of a product sold
- c)Money spent on producing output
- d)Addition to Total revenue after a good is sold
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Revenue for a firm isa)Money receipts from the sale of outputb)Average...
Revenue for a firm refers to the money receipts from the sale of its output. It is an important measure of a firm's financial performance and represents the total amount of money earned by the firm from its business activities. Revenue is a critical indicator of a firm's ability to generate income and sustain its operations.
Revenue can be calculated by multiplying the quantity of goods or services sold by the price at which they are sold. The formula for calculating revenue is:
Revenue = Quantity sold x Price
The revenue generated by a firm represents the total amount of money it has received from its customers in exchange for the products or services it has sold. This includes all the money received from sales, as well as any other sources of income such as fees or royalties.
Revenue is typically recorded on the income statement of a firm and is classified as operating revenue. It is an important measure for investors and analysts as it provides insights into a firm's sales performance and its ability to generate profits.
Key Points:
1. Revenue is the money receipts from the sale of output.
2. It represents the total amount of money earned by a firm from its business activities.
3. Revenue can be calculated by multiplying the quantity sold by the price.
4. It is an important measure of a firm's financial performance and ability to generate income.
5. Revenue is recorded on the income statement and is classified as operating revenue.
6. It provides insights into a firm's sales performance and profitability.
Revenue can be calculated by multiplying the quantity of goods or services sold by the price at which they are sold. The formula for calculating revenue is:
Revenue = Quantity sold x Price
The revenue generated by a firm represents the total amount of money it has received from its customers in exchange for the products or services it has sold. This includes all the money received from sales, as well as any other sources of income such as fees or royalties.
Revenue is typically recorded on the income statement of a firm and is classified as operating revenue. It is an important measure for investors and analysts as it provides insights into a firm's sales performance and its ability to generate profits.
Key Points:
1. Revenue is the money receipts from the sale of output.
2. It represents the total amount of money earned by a firm from its business activities.
3. Revenue can be calculated by multiplying the quantity sold by the price.
4. It is an important measure of a firm's financial performance and ability to generate income.
5. Revenue is recorded on the income statement and is classified as operating revenue.
6. It provides insights into a firm's sales performance and profitability.
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Revenue for a firm isa)Money receipts from the sale of outputb)Average price of a product soldc)Money spent on producing outputd)Addition to Total revenue after a good is soldCorrect answer is option 'A'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Revenue for a firm isa)Money receipts from the sale of outputb)Average price of a product soldc)Money spent on producing outputd)Addition to Total revenue after a good is soldCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Revenue for a firm isa)Money receipts from the sale of outputb)Average price of a product soldc)Money spent on producing outputd)Addition to Total revenue after a good is soldCorrect answer is option 'A'. Can you explain this answer?.
Revenue for a firm isa)Money receipts from the sale of outputb)Average price of a product soldc)Money spent on producing outputd)Addition to Total revenue after a good is soldCorrect answer is option 'A'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Revenue for a firm isa)Money receipts from the sale of outputb)Average price of a product soldc)Money spent on producing outputd)Addition to Total revenue after a good is soldCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Revenue for a firm isa)Money receipts from the sale of outputb)Average price of a product soldc)Money spent on producing outputd)Addition to Total revenue after a good is soldCorrect answer is option 'A'. Can you explain this answer?.
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