revenue is the total sales made by a business during a period. On the other hand, earning is the profit that a business generates during a period. For a proper understanding of the financial statement, it is necessary to understand the relevance and ...
Salary,wage,pay,income,reward,remuneration,bonus,premium,profit,earnings,revenue,turnover,proceeds1.salary是指非体力劳动者所得到的“工资、薪水”,通常按月,有时按季或年计算(Salary is usually paid monthly,sometimes three months or a year,for a job,esp.as for workers of higher skill and rank). ...
For a business, gross earnings are the total revenue less the cost of goods sold. Gross earnings are also referred to as gross income or gross profit. The IRS differentiates between gross earnings and adjusted gross income, which is what is left over when certain above-the-line deductions are...
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Income, revenue, and earnings are probably the three most widely used concepts in accounting and finance. All the terms denote measures of a
Retail sales remained under pressure in 4Q24; gross margin was under pressure; expenses rose; impairment hurt profit. We estimate that revenue from the retail business declined by mid-to-high single digits YoY in 4Q24 (similar to 3Q24), and full-year revenue from the retail business fell...
Apple's $119B Q1 2024 revenue a bounce back from 2023 dip Apple reported revenue of $119.58 billion in its first-quarter results for the 2024 fiscal year, with earnings rebounding from the year-ago quarter. Malcolm Owen|1 year ago
Are Earnings Profit or Revenue? Earnings are always profit, never revenue. Revenue represents the value of goods or services a company sold at the retail price. Earnings, also known as profit, represent revenue minus all of the costs associated with running the business: costs of sales and ope...
if the company sold enough goods, it earns a profit. This profit can be carried into future periods in an accounting balance called retained earnings. While revenue focuses on the short-term earnings of a company reported on the income statement, retained earnings of a company...