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Re: Militia Man post# 64700

Tuesday, 02/07/2012 10:37:38 AM

Tuesday, February 07, 2012 10:37:38 AM

Post# of 91121
No, as I said that is NOT revenue. Revenue is something you get AFTER you sell something. We have not sold it yet.

From investopedia:

"Definition of 'Revenue'
The amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise. It is the "top line" or "gross income" figure from which costs are subtracted to determine net income.

Revenue is calculated by multiplying the price at which goods or services are sold by the number of units or amount sold."