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Definition

Sales volume equals the number of units a business sells during a given period, such as a year or fiscal quarter. Sales—or sales revenue—equals the dollar amount a company makes during the period under review. The concepts of sales and sales volume interconnect because total sales equal sales volume multiplied by the unit price. For example, if a company sold 1 million units of a product at $2 apiece, the corporate sales volume would be 1 million, yielding periodic sales of $2 million (1 million multiplied by $2).[1]


References

  1. ^ Codjia, Marquis. "Difference Between the Sales & Sales Volume." Houston Chronicle. <http://smallbusiness.chron.com/difference-between-sales-sales-volume-22452.html> (cited 3 June 2015).

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