[Answer] What is the difference between profit and revenue?

Answer: Revenue is the total amount producers receive after selling a good. Profit is the total amount producers earn after subtracting the production costs.

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What is the difference between profit and revenue? Difference Between Profit and Revenue Revenue Vs. Profit | Your Business How Does Profit and Production Cost Affect the Business ... What is the difference between earnings and revenue ... What is the Difference Between Earnings and Profit? Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations. Profit typically called net profit or the bottom line is the amount of income that remains after accounting for all expenses debts additional income streams and … It is directly related to the services provided and the goods sold. “Profit” refers to the profits in accounting or profits in economics or profits in real property . Accounting profit refers to the difference between the price of the purchase and the cost of bringing services or goods to the market. Thu Dec 19 2019 · Revenue is the income earned by the business entity through its day to day operations i.e. from the sale of goods or rendering of services to the customers. On the other hand Profit refers to the financial gain of the company i.e. when the amount earned from the sale of goods exceeds... Sat Oct 01 2011 · What is the d...

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