What is the formula to determine total revenue

Question

Social Studies

Harper Perry

1 April, 13:38

What is the formula to determine total revenue

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Answers (2)

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Robertson · Answer 1

TR = P * Q, or Total Revenue = Price * Quantity.

Cael Dennis · Answer 2

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.