Follow live coverage of the San Bernardino shooting >>. Late Wednesday night, San Bernardino police Chief Jarrod Burguan identified the people killed in the gun battle with police as Syed Rizwan Farook, a 28-year-old American citizen, and 27-year-old Tashfeen Malik.
In accounting, revenue is the income that a business has from its normal business activities, usually from the sale of goods and services to customers. Revenue is also referred to as sales or turnover. Some companies receive revenue from interest, royalties, or other fees. Revenue may refer to business income in general, or it may refer to the amount, in a monetary unit, received during a period of time, as in Last year, Company X had revenue of $42 million.
A: Revenue can most easily be thought of as the top line of an income statement or profit and loss statement. Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations.If the company is a shoe retailer, the money it makes from selling shoes before accounting for any expenses is its revenue.f the company also has income from investments or from a subsidiary company, that income is not considered revenue; it does not come from the sale of shoes. Additional income streams and various types of expenses are accounted for separately. Profit, conversely, is the infamous bottom line.