the money that a business receives from selling its goods and services. Also called turnover or income.
Cost of sales
the name for the costs that are directly involved in the making of a product for a manufacturer or the provision of a service for a service provider.
Gross profit
the amount left after the cost of buying or making the product has been deducted from the revenue
Expenses
costs of the business that are not directly involved in the making of the product e.g. rent, rates
net profit
overall profit made by a business. What is left after deducting all costs
Net profit margin
expresses net profit as a percentage of sales revenue
ARR
Average rate of return. Expresses the average yearly profit as a percentage of the sum invested. Shows probability and can be compared with the interest rates on bank deposits
