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1 April, 13:38

What is the formula to determine total revenue

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  1. 1 April, 13:48
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    TR = P * Q, or Total Revenue = Price * Quantity.
  2. 1 April, 14:43
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    Total revenue is calculated with this formula: TR = P * Q, or Total Revenue = Price * Quantity.

    Formula: Net Revenue = Gross Revenue - Directly Related Selling Expenses. Add all income generated from company sales during the time covered by the income statement to get gross revenue. For example, if a company sells 100 products at $100 apiece during any given month, its gross revenue for that month is $10,000.
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