Revenue
Revenue is the total income a business earns from its core operations, such as selling goods or providing services. It appears at the top of the income statement and serves as the starting point for calculating profit. It’s often referred to as the “top line” in financial analysis.
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Retained Earnings
Retained earnings represent the cumulative net profit a company keeps after distributing dividends to shareholfers. Reported under equity on the…
Running costs
Running costs are recurring operational expenses necessary for keeping the business functioning day-to-day. This includes fuel, maintenance, salaries, insurance, and…
Revenue expenditure
Revenue expenditure refers to costs incurred in the day-to-day running of a business, like rent, utilities, and maintenance. These are…
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