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In accounting, revenue is a subsection of the equity section of the balance statement, since it increases equity. It is often referred to as the "top line" due to its position at the very top of the income statement. This is to be contrasted with the "bottom line" which denotes net income (gross revenues minus total expenses). [3]
For a business, gross income (also gross profit, sales profit, or credit sales) is the difference between revenue and the cost of making a product or providing a service, before deducting overheads, payroll, taxation, and interest payments. This is different from operating profit (earnings before interest and taxes). [1]
In December 2023, Taylor Swift's Eras Tour became the first tour to collect US$1 billion in revenue, as estimated by Pollstar, [5] [6] although Coldplay's Music of the Spheres World Tour became the first to report $1 billion to official boxscore in August 2024. [7] The Eras Tour concluded in December 2024, with a gross of US$2.07 billion. [8]
Your adjusted gross income is simply your total gross income minus certain adjustments. You can find these adjustments on Schedule 1 of Form 1040, under “Part II — Adjustments to Income.”
Revenue Sales revenue $20,438 Cost of goods sold: $7,943 Gross profit $12,495 Operating expenses Selling, general and administrative expenses $8,172 Depreciation and amortization: $960 Other expenses $138 Total operating expenses $9,270 Operating profit $3,225 Non-operating income $130 Earnings before interest and taxes (EBIT) $3,355 Financial ...
TV revenue – $280 million [n] Film: George Lucas: Lucasfilm (The Walt Disney Company) Disney Princess: 2000 [o] $45.4 billion: Retail sales – $45.468 billion [p] Home entertainment – $14.7 million [77] Animated films: Andy Mooney: The Walt Disney Company Anpanman: 1973 $38.4 billion: Retail sales – $38.42 billion [q] Museum – $14.5 ...
Gross margin, or gross profit margin, is the difference between revenue and cost of goods sold (COGS), divided by revenue. Gross margin is expressed as a percentage .
A variety of measures of national income and output are used in economics to estimate total economic activity in a country or region, including gross domestic product (GDP), Gross national income (GNI), net national income (NNI), and adjusted national income (NNI adjusted for natural resource depletion – also called as NNI at factor cost).