Total Revenue:
Total revenue represents the sales revenue generated from sale of goods or services to customers. The firm earns revenue from the sale of its principal products. Sales are usually shown net of any discounts, returns and allowances. Brokerage, commission paid to selling agents and cash discount other than the usual trade discounts are exhibited separately in other expenses. In the instance of a service organization like Infosys, income generated from services can be the total revenue.
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