Quote:
Originally Posted by stonetools
However, bestsellers are a major part of the REVENUE a book store makes. On this forum, people constantly confuse sales with revenue. They aren't the same.
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Actually in accounting terms they are. The phrases you seem to be searching for are "Gross profit", for income after Cost of sales but before operating expenses, or "Income from operations" for before tax income and "Net Income" for after tax income. However Sales = Revenue.