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tiernanj · Mar 10, 2009, 05:36 PM

I am new to accounting...

I am trying to calculate revenue/employee and the number of employees are given in the question however I am not sure where I get the revenue figure from...

The question gives a profit and loss sheet and a balance sheet

Thanks in advance

codyman144 · Mar 10, 2009, 05:38 PM

Revenue should be listed on the P&L at the top.

ROLCAM · Mar 10, 2009, 05:40 PM

They are definitely NOT the same.

Revenue is a broad term for SALES or TURNOVER.

Net Profit is Revenue minus all costs and expenses.

Sales - All Expenses = Net Profit.

tiernanj · Mar 10, 2009, 05:45 PM

Is Revenue Sales as this is the only figure at the top.. see image uploaded

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tiernanj · Mar 10, 2009, 05:46 PM

codyman144 · Mar 10, 2009, 05:48 PM

Yeah sales that is the same thing...

tiernanj · Mar 10, 2009, 05:54 PM

Thanks lads

But how do I rate the answer, it only says 'rate this answer' under #4 and #5 which are my comments

codyman144 · Mar 11, 2009, 05:54 AM

Under our answers click rate this answer.

That is how...

tiernanj · Mar 11, 2009, 06:46 AM

The options are not below your comments on my side... take a look at the below screenshot

codyman144 · Mar 11, 2009, 06:53 AM

That is odd; I would report the problem to the sites admin's. They show up for me... Are you a member of the site or just a guest, I think you have to be a member to post in the first place but I am not sure.

I would post this issue here and include the screen shot.

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