Revenue is the amount of money a company receives in exchange for its goods and services or conversely, what a customer pays a company for its goods or services. The revenue received by a company is usually listed on the first line of the income statement as revenue, sales, net sales, or net revenue.
Aside from the bottom-line (net income), companies pay more attention to this single line item than any other. It is the greatest factor that determines how their business is doing. It tells a company clearly how much money it is bringing in from the sale of its product.
Changes in revenue can be analyzed to determine if marketing strategies are working, how price changes affect the demand for the product, and a multitude of other insights.
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Answer:
Revenue is the amount of money a company receives in exchange for its goods and services or conversely, what a customer pays a company for its goods or services. The revenue received by a company is usually listed on the first line of the income statement as revenue, sales, net sales, or net revenue.
Aside from the bottom-line (net income), companies pay more attention to this single line item than any other. It is the greatest factor that determines how their business is doing. It tells a company clearly how much money it is bringing in from the sale of its product.
Changes in revenue can be analyzed to determine if marketing strategies are working, how price changes affect the demand for the product, and a multitude of other insights.
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For the principal value, evaluate the following:
cosec−1[2tan(11π6)]
.