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What is net revenue?

Is this gross revenue minus costs?
  • Ngành nghề/Lĩnh vực: Accounting
  • Category: Auditing
  • Created: 16:00, 31 December 1969

Answers (1)

basyar

Net revenue is total revenue minus returns, refunded revenue or revenues transferred to other parties for commissions. Costs and expenses are reported separately and not deducted directly from revenues.

04:51, 23 August 2011

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