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#cfa-level-1 #reading-25-understanding-income-statement
Question
Revenue may be called sales or [...].
Answer
turnover

Tags
#cfa-level-1 #reading-25-understanding-income-statement
Question
Revenue may be called sales or [...].
Answer
?

Tags
#cfa-level-1 #reading-25-understanding-income-statement
Question
Revenue may be called sales or [...].
Answer
turnover
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Revenue may be called sales or turnover.

Original toplevel document

2. COMPONENTS AND FORMAT OF THE INCOME STATEMENT
to be received) for the delivery of goods or services in the ordinary activities of a business. The term net revenue means that the revenue number is reported after adjustments (e.g., for cash or volume discounts, or for estimated returns). <span>Revenue may be called sales or turnover.4 Exhibits 1 and 2 show the income statements for Groupe Danone (Euronext Paris: BN), a French food manufacturer, and Kraft Foods (NYSE:KFT), a US food manufacturer.5 For the year ended

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statusnot learnedmeasured difficulty37% [default]last interval [days]               
repetition number in this series0memorised on               scheduled repetition               
scheduled repetition interval               last repetition or drill

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