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3 years ago

What is revenue for the business vocabulary

Business

1 answer:

notsponge [240]3 years ago

7 0

Answer:

Revenue is money earned by a business, or income received by the government from taxes

Explanation:

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In the country of Orcam, the velocity of money is constant. Real GDP grows by 6 percent per year, the money stock grows by 15 pe

Yanka [14]

Answer:15%

Explanation:

Inflation growth= Money stock Growth - Real GDP growth

=15%-6%

=9%

Nominal GDP= Real GDP+ Inflation growth

=6%+9%=15%

6 0

4 years ago

With a sole proprietorship, who pays the taxes?

KiRa [710]

The individual proprietor. A sole proprietorship is a pass-through entity, which means that all of the revenue and deductions are claimed by the individual who registers as a the sole proprietor. Therefore, this individual pays the taxes on such revenue gains and deducts any losses.

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4 years ago

Read 2 more answers

Economic production has fallen to less than full potential due to inadequate incentives for firms to produce. The duration of th

Brilliant_brown [7]

Answer:

short-term

Explanation:

Based on the information provided within the question it can be said that the duration of this economic condition will likely be short-term. Meaning that it will only last a small amount of time, mostly because this is a problem that needs to / and can be solved in order to increase the economic production to full potential and increase firm revenue.

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3 years ago

Blossom Inc. had sales of $2,300,000 for the first quarter of 2020. In making the sales, the company incurred the following cost

n200080 [17]

Answer:

CVP Income Statement

Sales revenue 2,300,000

Less: Total variable cost 1,171,000

Contribution margin 1,129,000

Less: Fixed cost 664,000

Net Operating income $465,000

Note:

Cost of goods sold 936,000

Selling expenses 119,000

Admin expense 116,000

Total variable cost 1,171,000

Cost of goods sold 473,000

Selling expenses 71,000

Admin expense 120,000

Total Fixed cost 664,000

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3 years ago

Which of the following is an advantage associated with managing projects in a functional organization? a. Combines task focus

Natalka [10]

Answer: Unity of command - all workers understand clearly what they need to do because only one "boss" is giving them instructions.

Explanation:

A functional organization is an organization where departments are formed according to areas of specialization and a leader is placed over each department to supervise work carried out by employees. This structure of organization makes control and running very easy because each worker knows who to report to at every given point in time.

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3 years ago