32
total =$5 million
previous year revenue
Budget for a fiscal year is a statement of revenue and expenditure of the government for the particular year. If the expenditure is more than the revenue for a particular year, then this difference is called the fiscal deficit. If the revenue is more than the expenditure for a particular year then this difference is called the excess revenue.
The revenue for the last year would be $2,598,000.
Suppose your revenue was 1 $ in 2001 and your revenue in 2002 is 3 $ , then the difference between the revenue ( 3 - 1 = 2 $ ) / your first previous year revenue ( 1 $ ) * 100 = your YOY Therefore in this case, 2 / 1 * 100 = 200 % growth rate. Head to http://www.ManagementParadise.com for more complex solutions.
Annual revenue is how much money is made/earned over one year or per year.
Yes depreciation is a revenue expenditure as it incurs every year to generate revenue and capital expenditure is that expenditure which is incurred for one time to earn revenue for more than one fiscal year.
For fiscal year 2010, Starbucks' revenue was $10.71 billion US.
Revenue that a business can count on receiving every year.
2008 Revenue: $ 32.48 billion2008 Profit: $ 4.83 billion
Department of treasury 1853
Revenue expenses are those expenses which are incurred for every fiscal year to earn revenue for specific fiscal year and are recurring nature like salaries etc.