Accounting MascotAccounting Q&A

How many types of revenue are there?
submitted by t2

Tr1000

I don't know if there's a standard amount that everyone agrees on. There are many types of revenue.

Sales Revenue - making money from selling goods or services.
Tax Revenue - making money from taxpayers.
Interest Revenue - making money from an investment, usually from a bank account.
Dividend Revenue - if you have a stock in a company that pays dividends, that's considered revenue.
Lease Revenue - making money from renting things out, i.e. car rental, office rental, etc.
Royalty Revenue - you make money when other people use your asset. In the music industry, for example, record companies can charge a royalty to internet radio stations that play their songs.

These are just some examples.

ileleji vicctor obukohwo

1). Total revenue: this refers to the total income which a firm derives from the sale of its products. It is derived by multiplying the total quantity sold by the price of the commodity. 2). Average revenue(A.R): This is derived by dividing the total revenue by the total units of the commodity sold. 3). Marginal revenue(M.R): this is the additional income earned by selling an extra unit of a commodity.

Dewey Cheatham

Don't forget income revenue.

marveiious

I believe there are five types of revenue, though I cannot remember all five types.

Chi Chi

3: Total revenue, marginal revenue, and average revenue.

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