Andy needs to subtract cost from the service revenue.
<h3>What does Andy need to subtract?</h3>
Revenue is the total income earned before any deductions are made. Net income is the total revenue less total expenses or cost.
Net income = total revenue - cost
For example, if a company sold 100 loaves of bread for $100 dollars. The cost of making the bread is $50. The revenue is $100 and the net income is $50 (100 - 50).
