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kogti [31]
2 years ago
15

_____________ is calculated by taking the quantity of everything that is sold and multiplying it by the sale price. Total revenu

e Total profits Average profit margin Total cost
Business
1 answer:
Ket [755]2 years ago
5 0

The quantity of each item sold is multiplied by the sale price to determine the total revenue.

What is Quantity?

Quantity can be used to describe an amount, weight, number, or measure. A quantity is a property of a single item or group of items that may be measured in terms of "less," "equal," and "more."

The total of all inbound funds that the business has received from the sale of goods or services. Gross revenue is another name for total revenue.

Total revenue is computed by multiplying the average sales price per item or unit by the quantity of items or units sold.

As a result, option (a) is correct total revenue.

Learn more about on quantity, here:

brainly.com/question/11183161

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In the​ past, Peter​ Kelle's tire dealership in Baton Rouge sold an average of 1 comma 000 radials each year. In the past 2​ yea
Lina20 [59]

Answer:

Explanation:

For computing the demand for each sale, first we have to compute the average sale for each season which is show below:

Average sale in fall = (240 + 260) ÷ 2 = 250

Average sale in winter = (340 + 300)  ÷ 2 = 320

Average sale in spring = (140 + 160)  ÷ 2 = 150

Average sale in summer = (320 + 240) ÷ 2 = 280

Demand for next fall = (250  ÷ 1,000) × 1,200 = 300

Demand for next winter = (320  ÷ 1,000) × 1,200 = 384

Demand for next spring = (150  ÷ 1,000) × 1,200 = 180

Demand for next summer = 1,200 - (300+384+180) = 336

6 0
3 years ago
Identify the recommended actions for success in informational interviews. Smile and stay positive. Sit still and be aware of you
Helen [10]

Answer:

Please correct me if wrong

<h2><u>Take notes that you can refer to later</u></h2><h2><u>Smile and stay positive</u></h2>

4 0
3 years ago
A company is evaluating an expansion. This capital investment will require a cash outflow today of $6,500,000. The firm estimate
Inga [223]

Answer:

Net present value of this project is $282470.22

Explanation:

Present value of inflows = Cash Inflow * Present value of discounting factor(rate%,time period)

=900,000/1.08+900,000/1.08^2+900,000/1.08^3+900,000/1.08^4+900,000/1.08^5+900,000/1.08^6+900,000/1.08^7+900,000/1.08^8+900,000/1.08^9+900,000/1.08^10+900,000/1.08^11+900,000/1.08^12

=6782470.22

NPV=Present value of inflows-Present value of outflows

=6782470.22-6,500,000

=$282470.22

8 0
3 years ago
Although we could describe both the cross-price elasticity of demand between paper coffee cups and plastic coffee lids and the c
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Answer:

The paper cups and plastic cover lids are complimentary products. When you purchase plastic cups it follows that you would buy the plastic cover. Increase in demand of one leads to increase in demand for the other.

Meanwhile relationship between sugar and artificial sweeteners is one of substitution. Since sugar can replace artificial sweetener and vice versa, increase in demand for on will result in reduced demand for the other.

Explanation:

3 0
3 years ago
Information in the Financial Statements A financial statement is a summary of all the financial transactions that have oocuirred
Fudgin [204]

Answer:

 Balance sheet           Income statement        statement  of cashflows

 owner's equity         Cost of Goods sold         Net changes is cash

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      Account receivable

    Long term liability

Explanation:

6 0
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