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A company makes $200,000 in a year and has $150,000 in production costs, leaving them with $50,000. The $200,000 represents .

Respuesta :

The $200,000 in the given example above represents the revenue of the company

The $200,000 represents revenue.

What is revenue?

Revenue is income earned by an individual or a business from the sale of any products or services offered. Expenses are deducted from a company's revenue to get profit.

With regards to the above, the income earned is $200,000 which is the revenue of the company. Revenue refers to the earning value and does not account for costs associated with the company.

Hence, the $200,000 represents revenue for the company.

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