The formula to calculate the Annual Revenue (AR) is:
\[ \text{AR} = \text{DS} \times \text{PPS} \times 365 \]
Where:
Annual revenue is the total amount of money generated by a business from its sales over the course of a year. It is calculated by multiplying the average daily sales by the price per sale, and then multiplying by 365 days.
Let's assume the following values:
Using the formula to calculate the Annual Revenue:
\[ \text{AR} = 100 \times 20 \times 365 = 730000 \text{ dollars} \]
The Annual Revenue is $730,000.
