Isn't it just as bad when a businessman takes a bribe?
Are they really any better than politicians when they take bribes?
Is it illegal for a businessman to take bribes?
As a real ...
What is the cause of the escalation in oil prices. I have heard it is a supply and demand issue. So is it that demand from emerging markets has increased that much to cause such an increase?...
the liberals hate wallmart i think i love wallmart everything is so affordible and fair its actually my favorite store peroid
Plus wallmart imploys the mentally handicap god bless you wallmart!...
I have had my job for 15 months, and I like the company that I work for. Last year, my department wasn't invited to the Christmas party but I couldn't do anything about it because I was the ...
Most people use these terms interchangeably - sales and revenue. Depending on your co's principal activities, revenues can come from several sources - sales of goods, provision of services, commission income, interest, royalties, dividends, etc. All these together form your total revenue. If you have only 1 form of revenue - sales, then they would be the same thing.
Revenue recognition is covered by IAS 18.
Feeling Mutual
Revenue is profit, regardless if it is from sales or other activities.
Sales is not necessarily profit.
kaffegeek
sales may refer to sales of goods, while you may make some interest on your checking balance or cash in a money market.
this all combined would be revenue.
rluettjohann
The terms are interchangable.
Michael G
Revenue is your profit margin. How much you actually take to the bank so to say.
If I sale 100 dollars worth of lemonade, after counting the investment (5$ for lemons), operation costs (10$ for a place at the flea market) and hourly pay (5$ an hour to my little brother for 3 hours.)
I will pay out 30$ and only have a revenue of 70$ even though my sales show 100$.
Milton W
Sales and revenue are used interchangeably. I've noticed in practice that Sales is more often used when you sell goods or inventory.
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