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What is the formula to find net revenue in this spreadsheet?

What is the formula to find net revenue in this spreadsheet?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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What is the formula to find net revenue in this spreadsheet? 

**Aspen Falls Public Transit Department** ### Fare Collection Data: May 2018 This dataset represents the fare collection for various service areas within the Aspen Falls Public Transit Department for May 2018. The table includes different categories of tickets sold, the total revenue collected, maintenance costs, and net revenue. Additionally, a profitability evaluation is requested. #### Table Explanation | Service Area | Traditional Fare | Rideticket | Senior Ticket | Total | Maintenance Costs | Net Revenue | Profitable? | |-------------------|------------------|------------|---------------|-------|-------------------|-------------|-------------| | 2 W. Ladale | 1,050 | 675 | 234 | 1,959 | $3,000 | | | | 4 S. Coolidge | 2,925 | 945 | 270 | 4,140 | $4,200 | | | | 5 Aspen | 1,613 | 770 | 787 | 3,170 | $2,500 | | | | 6 Central | 2,550 | 378 | 288 | 3,216 | $1,800 | | | | 7 S. Campbell | 1,425 | 1,053 | 196 | 2,674 | $3,000 | | | | 8 Park | 1,238 | 492 | 312 | 2,042 | $1,400 | | | | 9 S. Fort | 1,875 | 432 | 80 | 2,387 | $1,600 | | | | 10 E. National | 1,800 | 1,380 | 1,216 | 4,396 | $5,000 | | | | 11 W. Atlantic | 2,165 | 497 | 0 | 2,662 | $5,000 | | | | 12 Main | 1,425 | 1,647 | 162 | 3,234 | $3,260 | | | | 13 Church |
Transcribed Image Text:**Aspen Falls Public Transit Department** ### Fare Collection Data: May 2018 This dataset represents the fare collection for various service areas within the Aspen Falls Public Transit Department for May 2018. The table includes different categories of tickets sold, the total revenue collected, maintenance costs, and net revenue. Additionally, a profitability evaluation is requested. #### Table Explanation | Service Area | Traditional Fare | Rideticket | Senior Ticket | Total | Maintenance Costs | Net Revenue | Profitable? | |-------------------|------------------|------------|---------------|-------|-------------------|-------------|-------------| | 2 W. Ladale | 1,050 | 675 | 234 | 1,959 | $3,000 | | | | 4 S. Coolidge | 2,925 | 945 | 270 | 4,140 | $4,200 | | | | 5 Aspen | 1,613 | 770 | 787 | 3,170 | $2,500 | | | | 6 Central | 2,550 | 378 | 288 | 3,216 | $1,800 | | | | 7 S. Campbell | 1,425 | 1,053 | 196 | 2,674 | $3,000 | | | | 8 Park | 1,238 | 492 | 312 | 2,042 | $1,400 | | | | 9 S. Fort | 1,875 | 432 | 80 | 2,387 | $1,600 | | | | 10 E. National | 1,800 | 1,380 | 1,216 | 4,396 | $5,000 | | | | 11 W. Atlantic | 2,165 | 497 | 0 | 2,662 | $5,000 | | | | 12 Main | 1,425 | 1,647 | 162 | 3,234 | $3,260 | | | | 13 Church |
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Definition:

Revenues: Revenues are earnings from the operations of a business. The operating activities are the sale of goods and services and rent revenue.

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