Higher Education is hereby authorized to execute and administer contracts for. construction, repair, renovation, and maintenance projects, including all. aspects of project management, design, construction, and legal and. administrative services related to and necessary for the completion of projects.
What is 'Annualized Income' Annualized income is an estimate of the amount of money that an individual or a business generates over the course of a year. Annualized income is calculated with less than one year's worth of data, so it is only an estimate of total income for the year, and annualized income figures can be helpful for creating budgets and making estimated income tax payments.
Types/Kinds of Revenue: We have discussed earlier the various types of costs of a firm. Now the discussion will centre round the various types of revenue of a firm. Definition of Revenue: By 'revenue' of a firm is meant the total sale proceeds or the total receipts of a firm from the sale of the output. (i) Total Revenue, (ii) Marginal Revenue, (iii) Average Revenue.