News tagged with revenue
Danish pharmaceutical company Lundbeck Wednesday posted a higher than expected quarterly net profit, helped by the expansion of an alliance with Japan's Otsuka and the divestment of a US portfolio of non-core products.
Medications May 01, 2013 | not rated yet | 0
People buy larger amounts of soda when purchasing packs of smaller drinks than when offered single servings of different sized drinks, according to research published April 10 in the open access journal PLOS ONE by Brent ...
Health Apr 10, 2013 | not rated yet | 0
(AP)—Struggling drug company AstraZeneca outlined a major restructuring of its business on Thursday, including some 2,300 job cuts worldwide as it overhauls its research operations.
Medications Mar 21, 2013 | not rated yet | 0
The traditional Medicare program allocates only 1 percent of total spending to overhead compared with 6 percent when the privatized portion of Medicare, known as Medicare Advantage, is included, according to a study in the ...
Health Feb 20, 2013 | not rated yet | 0
(AP)—Anglo-Swedish pharmaceutical company AstraZeneca PLC warned over expiring patents on its medicines as the company announced a 37 percent fall in full-year net profit on Thursday.
Other Jan 31, 2013 | not rated yet | 0
(AP)—Eli Lilly and Co. said Friday its 2013 earnings will grow more than Wall Street expects, even though the drugmaker will lose U.S. patent protection for two more key products this year.
Other Jan 04, 2013 | not rated yet | 0
(AP)—One of President Barack Obama's Senate allies said Thursday that an increase in the Medicare eligibility age is "no longer one of the items being considered by the White House" in negotiations with top Republicans ...
Health Dec 13, 2012 | not rated yet | 0
Negotiators from 135 nations sealed Wednesday a global deal to stem the illegal tobacco trade that could net governments $50 billion more annually in tax revenues, the World Health Organisation said.
Health Apr 04, 2012 | not rated yet | 0
Negotiators will hold final talks next week for a global deal to stem illegal tobacco trade that could net an extra $50 billion annually in tax revenues, the World Health Organisation said Tuesday.
Health Mar 27, 2012 | not rated yet | 0
Hospital parking fees are essentially health care user fees and should be abolished, states an editorial in CMAJ (Canadian Medical Association Journal).
Health Nov 28, 2011 | not rated yet | 0
(PhysOrg.com) -- Taxing sugar-sweetened beverages a penny-per-ounce could reduce consumption and generate significant revenue, finds a study by the Rudd Center for Food Policy and Obesity at Yale University and the Bridging ...
Health May 13, 2011 | not rated yet | 1
In business, revenue or revenues is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Some companies also receive revenue from interest, dividends or royalties paid to them by other companies. Revenue may refer to business income in general, or it may refer to the amount, in a monetary unit, received during a period of time, as in "Last year, Company X had revenue of $32 million."
In many countries, including the UK, revenue is referred to as turnover.
Profits or net income generally imply total revenue minus total expenses in a given period. In accounting and financial analysis, revenue is often referred to as the "top line" due to its position on the income statement at the very top. This is to be contrasted with the "bottom line" which denotes net income.
For non-profit organizations, annual revenue may be referred to as gross receipts. This revenue includes donations from individuals and corporations, support from government agencies, income from activities related to the organization's mission, and income from fundraising activities, membership dues, and financial investments such as stock shares in companies. For government, revenue includes gross proceeds from income taxes on companies and individuals, excise duties, customs duties, other taxes, sales of goods and services, dividends and interest.
In general usage, revenue is income received by an organization in the form of cash or cash equivalents. Sales revenue or revenues is income received from selling goods or services over a period of time. Tax revenue is income that a government receives from taxpayers.
In more formal usage, revenue is a calculation or estimation of periodic income based on a particular standard accounting practice or the rules established by a government or government agency. Two common accounting methods, cash basis accounting and accrual basis accounting, do not use the same process for measuring revenue. Corporations that offer shares for sale to the public are usually required by law to report revenue based on generally accepted accounting principles or International Financial Reporting Standards.
In a double-entry bookkeeping system, revenue accounts are general ledger accounts that are summarized periodically under the heading Revenue or Revenues on an income statement. Revenue account names describe the type of revenue, such as "Repair service revenue", "Rent revenue earned" or "Sales".
For more information about Revenue, read the full article at
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