Whether a tax is characterized in the statute imposing it as a privilege tax or an excise. tax is merely a choice of synonymous words, for an excise tax is a privilege tax.â) Thus, the excise tax now before us is, by more complete description, purportedly an. losthorizons.com.
Plantation FL, October 23, 2007âTradeStation Group, Inc. (NASDAQ GS: TRAD) today reported for the 2007 third quarter record net revenues of $40.3 million, record net income of $9.7 million, record earnings per share of 22 cents, and record daily average revenue trades (DARTs) of nearly 88,000.
The Importance of Revenue Variances. The revenue variance for an accounting period is the difference between budgeted and actual revenue. A favorable revenue variance occurs when actual revenues exceed budgeted revenues, while the opposite is true for an unfavorable variance. Revenue variance results from the differences between budgeted and actual selling prices, volumes or a combination of the two.