Total revenueis the amount of money that a business brings in by selling its goods or services at a given price. It is the starting point of a company’s income statement, which determines how muchnet incomeit makes after expenses, taxes, and interest are taken into consideration. ...
(137) 6 Income tax expense £ millions UK corporation tax Current tax on profits for the year Adjustments in respect of prior years Overseas tax Current tax on profits for the year Adjustments in respect of prior years Current tax 2022/23 (44) 3 (41) (77) 4 (73) ...
You can also use it to determine if your business has increased revenueyear-over-yearor from period to period. Then, you can use it to make necessary adjustments to your pricing and strategies to boost sales and increase total revenue. ...