Remember that Revenue refers to the income generated by the business. So ZNO made $15million revenue. The quarterly is a Cash statement, so it is referring to purely the cash coming in, which was $9.96M. So if you break it down, 66.4% of all revenue was cash in the quarter. This means that the remaining is most likely on credit/terms etc. So essentially ZNO made $10million CASH in the quarter with $5million on 'credit', you could assume
Remember that Revenue refers to the income generated by the...
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