To calculate the Gross Revenue (GR):
GR=NR+COGS
Where:
Gross revenue is the total amount of money generated by a business from its sales before any expenses are deducted. It includes all income from sales of goods or services and is a key indicator of a company's financial performance.
Let's assume the following values:
Using the formula:
GR=100,000+30,000=130,000
The Gross Revenue is $130,000.
Let's assume the following values:
Using the formula:
GR=200,000+50,000=250,000
The Gross Revenue is $250,000.