FACTOID # 109: What is in a name? More than 90% of people in Bhutan, Burundi and Burkina Faso are involved in agriculture.
 
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Encyclopedia > Gross revenue
For the tax agency in the UK of the same name , see HM Revenue and Customs.

In business, revenue is the amount of money that a company actually receives from its activities, mostly from sales of products and/or services to customers. To investors, revenue is less important than profit, or income, which is the amount of money the business has earned after deducting all the business's expenses. Her Majestys Revenue and Customs (HMRC) is a new department of the British Government created by the merger of the Inland Revenue and Her Majestys Customs and Excise which came into formal effect on 18 April 2005. ... Profit is defined as the residual value gained from business operations. ...


Revenue growth is an important indicator of the market reception of a company's products and services. Yet a company cannot focus solely on revenue, but must also manage the costs of raising the revenue, a fact that many high-revenue companies have learned only painfully.


Consistent revenue growth, as well as income growth, is considered essential for a company's publicly traded stock to be attractive to investors. A stock, also referred to as a share, is commonly a share of ownership in a corporation. ...


The term top line is often heard as a synonym for revenue; this term comes from the fact that in a company's income statement (profit and loss account), revenue is generally shown at the top, then all the company's costs and expenses beneath that, and then the income, or the bottom line, is at the bottom. In Europe (including the UK) revenue is typically called turnover. Also called Profit and Loss Account or in reference to charitable organizations Income and Expenditure Account. ... A profit and loss account is a financial statement that summarizes the financial transactions for a business over a period of time. ...


For government, revenues refers to the gross proceeds received from taxes, fees, and the like.


For non-profit organizations, revenue from products and services can be expanded to include proceeds from donations, grants, trade in lieu of cash, and other liquid assets.


External links

  • Yahoo! Finance - Stock Screener - By revenue

  Results from FactBites:
 
Alberta Corporate Tax Act Interpretation Bulletin CTIB-3 (2021 words)
Gross revenue is attributed to the jurisdiction in which it is reasonably considered to have been earned.
Revenue derived from investments is allocated to the permanent establishment in which the investments are administered.
Revenue from the rental of property such as equipment is allocated to the permanent establishment in which the lease was negotiated.
04 SONZAF Update - Gross Agricultural Revenue and Expenditure (592 words)
Gross agricultural revenue in 2005/06 declines by a further $384 million (3 percent), largely reflecting further declines in revenue for dairy (down $394 million), and cattle (down $129 million).
Gross agricultural revenue increases in 2006/07 by $899 million (7 percent) due to increases in revenue for most commodities, particularly dairy (up $379 million) and sheep meat (up $187 million), and a recovery in agricultural services (up $226 million).
Compared with the high exchange rate scenario, gross agricultural revenue in the low exchange scenario is higher by $473 million (3 percent) in 2004/05, $1.34 billion (10 percent) in 2005/06, and $2.33 billion (17 percent) in 2006/07.
  More results at FactBites »


 

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