What is the formula to determine total revenue

TR = P * Q, or Total Revenue = Price * Quantity.

Explanation:

Total revenue is calculated with this formula: TR = P * Q, or Total Revenue = Price * Quantity.

Formula: Net Revenue = Gross Revenue - Directly Related Selling Expenses. Add all income generated from company sales during the time covered by the income statement to get gross revenue. For example, if a company sells 100 products at $100 apiece during any given month, its gross revenue for that month is $10,000.

Explanation:

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