Answer :
Let S be the annual sales (in millions) for a particular electronic item. The value of S is 53.2 for 2005. What does S = 53.2 mean in this situation. The given situation means that in the year 2005 , 53.2 million of this electronic item were sold.
Your company's yearly revenue is the sum it makes from sales over the course of a year, excluding costs and expenses. The quantity of each product you sold is multiplied by its sale price, and the sum of the yearly sales of each product yields your gross annual sales.
Before any expenses are taken into account, revenue is the whole amount of income that a business earns from its main operations. Annual sales are the money that a business makes from offering its clients products or services.
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