Cam Nat Enterprise: 2.2: Revenue

What is the definition of revenue in business?

• The total amount of money a business spends

• The total income a business earns from its normal business activities

• The profit after all expenses are deducted

• The value of all assets owned by a business

Which of the following is NOT a typical revenue stream for a retail business?

• Product sales

• Rental income from property

• Interest earned on savings

• Selling shares in the business

If a company sells 200 units of a product at £15 each, what is its total revenue?

• £3,000

• £30,000

• £1,500

• £13,000

Which formula correctly calculates revenue?

• Revenue = Price per unit × Number of units sold

• Revenue = Total costs × Number of units sold

• Revenue = Profit + Expenses

• Revenue = Assets - Liabilities

Which of the following best describes a revenue stream?

• A method by which a business reduces its costs

• A source from which a business earns money

• The total amount of money a business owes

• The process of hiring new employees

A bakery sells 50 loaves of bread at £2 each and 30 cakes at £5 each in one day. What is the total revenue for that day?

• £100

• £150

• £190

• £250

Which of the following is an example of a service-based revenue stream?

• Selling handmade jewellery

• Charging customers for haircuts

• Renting out office space

• Earning interest from a bank account

If a business’s revenue is £10,000 and its costs are £7,000, what is its profit?

• £3,000

• £7,000

• £10,000

• £17,000

Which of the following is NOT included in revenue?

• Sales of goods

• Service fees

• Loans received

• Subscription income

A gym charges a monthly membership fee of £25 and has 120 members. What is the monthly revenue?

• £2,000

• £3,000

• £2,500

• £1,200