Average formula in excel shortcut

For businesses, tracking and calculating revenue is a fundamental aspect of financial analysis.

How to calculate average formula

Excel, with its powerful features, makes revenue calculation a breeze. In this article, I’ll walk you through the steps to calculate total revenue in Excel, providing a clear and concise guide for financial professionals and business owners.

Calculation of Total Revenue in Excel.xlsx

What is Total Revenue?

Total revenue refers to the total amount of money a business or organization receives from its sales of goods or services during a specific period.

It is the income before deducting any expenses, such as product-making costs, salaries, rent, and taxes.

Here’s the formula to calculate Total Revenue:

Total Revenue = Unit Price * Quantity

Here, Unit Price is the price of a single item, and Quantity is the total number of units sold.

However, it is a fact that calculating the total revenue can be a more intricate process.

Because the total revenue always includes factors such as discounts, taxes, shipping costs, etc. These factors must be included in the calculation. In s

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