Sales

Definition

Sales—or sales revenue—equals the dollar amount a company makes during the period under review.

Sales volume equals the number of units a business sells during a given period, such as a year or fiscal quarter.

The concepts of sales and sales volume interconnect because total sales equal sales volume multiplied by the unit price.

For example, if a company sold 1 million units of a product at $2 apiece, the corporate sales volume would be 1 million, yielding periodic sales of $2 million (1 million multiplied by $2).[1]

 

 

References

  1. ^ Codjia, Marquis. Difference Between the Sales & Sales VolumeHouston Chronicle.

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