Examlex
Entities are encouraged to report their operating cash flows using the direct method.
Profit
Difference between total revenue and total cost.
Marginal Revenue
The additional income earned from the sale of one more unit of a product or service.
Demand Curve
A graph showing the relationship between the price of a good and the quantity of that good consumers are willing and able to purchase at various prices.
Total Revenue
Total Revenue is the total amount of money received by a company from its sales of goods or services, before any expenses are subtracted.
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