What is total revenue equal to?

Total revenue is equal to the total amount of money a company earns from its sales of goods or services before any costs or expenses are deducted. It is calculated by multiplying the price per unit by the quantity sold. In formula terms, it can be expressed as ( \text{Total Revenue} = \text{Price} \times \text{Quantity} ). This metric is crucial for assessing a business's financial performance and growth potential.