Question

Chapters 10-11, revenue and receivables process.  

1. Pick a company and learn about the different ways the company earns revenue.   You can look through the company’s website, 10K or annual reports for information. (The bigger companies have more interesting stuff you get to learn.)

2. Share at least two different revenue streams from that company and explain how each revenue stream goes all the way from order to cash. Make sure that you are demonstrating that you have read and understand the concepts of the book. The goal is to apply what you have learn in the textbook to a real company.

Answer 1

I am choosing Reliance industries limited company.Reliance industries limited is an Indian conglomerate holding company. Reliance owns businesses across India engaged in energy,petrochemicals, textiles,natural resources ,retail and telecommunications. Reliance is one of the most profitable companies in India,the largest publicly traded company in India by market capitalization ,and the second largest company in India as measured by revenue after the government -controlled Indian oil corporation. Reliance Industries became the first Indian company to breach $100 billion market capitalization. Reliance continues to be India's largest exporter ,accounting for 8% of India's total merchandise exports with a value of rs 147,755 and access to markets in 108 countries .Reliance is responsible for almost 5% of the government of India's total revenues from customs and excise duty.A level which reliance Industries has attained is an example for every businessman. Reliance is dealing in petrochemicals ,textiles,natural gas, petroleum ,telecommunications and media.Reliance has various sources of revenues.