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Ann: Building Approval & Milestone Completion, page-124

  1. 220 Posts.
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    I don't think so :

    "Revenue from operations can be defined as the income generated by an entity from its daily core business operations. If the entity is able to generate a steady flow of income from its operations, it is said to have been running successfully. It is also called operating revenue."

    Your also not taking into account the purchase of the land and builders expense for construction.

 
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