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Why is Revaluation of Biological assets a part of revenue

  1. lukelee
    264 Posts.
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    02/09/15
    23:04
    Post #: 15924626
    Hey guys, just an accounting question.
    Revenue is 2015 is $318m.
    Sale of sandalwood products: $27.662
    Revenues from sales and services: $139.919
    Gain on revaluation of biological assets – TFS interest: $136.632

    Why is assets a part of revenue?
    TFC Price at posting: $1.52 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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