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Revenue is the profit made from an activity, while cost is the price something is.

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15y ago
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11y ago

Net Income or loss

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Q: What is the difference between cost and revenue?
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Related questions

What is the difference between Cost of revenue and revenue?

m mnmk


The difference between revenue from sales and cost of goods sold?

Difference between revenue from sales and cost of goods sold is called "Gross profit".


The difference between total revenue and total cost?

profit or loss


What is called the difference between the value that an activity generates and the cost of the activity?

revenue


What is net Interest?

Net Interest refers to the revenue that is got from the difference between cost of servicing liabilities and the revenue generated by assets that bear interest. This considered to be an excess revenue.


What is the difference between the revenue that a business gets for its goods and services and the cost of producing the goods and services?

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What is the difference between a revenue center and a support center?

what is the difference between revenue center and suport center


What is the central issue when deciding to invest in cost savings or revenue enhancing capital investments?

The central issue is increasing the difference between revenue and cost; the result must be sufficient to justify the investment.


What is economical profit?

Difference between revenue received from sale of an output & the opportunity cost of inputs used. (EVA)


In accounting profit is the difference between what?

difference between revenue and costs


What is the difference between cost of sales and sales?

Sales is the revenue of company while cost of sales is the cost of goods which are used to manufacture the units of products for sales purpose


When a perfectly competitive firm is at its profit maximising level of output it is?

maximizing the difference between total revenue and total cost