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leva [86]
2 years ago
10

_____ is the money a company earns from providing services or selling goods to customers.

Business
1 answer:
sdas [7]2 years ago
3 0

Revenue is the money a company earns from providing services or selling goods to customers

Revenue, which is determined as the average sales price multiplied by the quantity of units sold, is the money made from regular business operations. To calculate net income, expenses are deducted from the top line's (or gross income) total. In the income statement, revenue is referred to as sales.

A company's income is the cash that is generated by its operations. Depending on the accounting technique used, there are various methods for calculating revenue. Sales made with credit will be counted as revenue when it comes to the delivery of goods or services to the customer under accrual accounting. Even if payment hasn't yet been received, revenue may still be recorded in accordance with certain regulations.

To evaluate how successfully a business collects debt, it is important to review the cash flow statement for Revenue.

Learn more about Revenue here

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SVEN [57.7K]

Answer:

Cost-volume-profit analysis.

Explanation:

An important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is cost-volume-profit analysis. It is an important tool in accounting that is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating financial statements, both income and net income. It is also an accounting concept known as the break even analysis.

In order to use this cost-volume-profit analysis, accountants usually make some assumptions and these are;

1. Sales price per unit product is kept constant.

2. Variable costs per unit product are kept constant.

3. Total fixed costs of production are kept constant.

4. All the units produced are sold.

5. The costs accrued are as a result of change in business activities.

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3 0
3 years ago
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Bezzdna [24]

Answer:

All of the above

Explanation:

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ad-work [718]

Answer: historical exchange rate

Explanation:

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True.

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