All categories

2 years ago

_____ 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

brainly.com/question/8645356

#SPJ4

You might be interested in

Reports how much the company is worth to the owners at the

SashulF [63]

I really want to say income statement

6 0

3 years ago

V. Wheat is the main input in the production of flour. If the price of wheat decreases, then we would expect:

Murrr4er [49]

Answer:

3. Supply of flour to increase.

Explanation:

The situation above is showing a direct proportional relationship between the "wheat," as a main ingredient of flour, and the flour itself.

If the price of wheat decreases, suppliers will be interested in buying more of it in order to produce more quantities of flour at a lower cost because it will more likely lead to a higher profit. This will, therefore, increase the supply of flour in the market.

6 0

3 years ago

An entrepreneurial team is a group composed of the entrepreneur plus the firm's banker, cpa, and attorney. the firm's managers.

makvit [3.9K]

Answer:

"An entrepreneurial team is a group composed of the entrepreneur plus the firm's banker, CPA, and attorney."

Explanation:

An entrepreneurial team usually consists of 2 or more people with a great interest in the success and future of a company. The work of this team is interdependent as they pursue common goals for success for the venture. They are usually interested in the financial and other areas of a company and include the entrepreneur, the CPA, attorney, and the organization's banker.

8 0

4 years ago

The perfect tender rule required that the seller __________________________________. reject the goods in part if they are not a

Hitman42 [59]

Answer:

The correct answer is letter "E": deliver goods in conformity with the contract.

Explanation:

The perfect tender rule states that in a sales contract of goods, the seller must provide the buyer with the products that match perfectly the buyer's need. This rule is opposed to the substantial performance that states that at least part of the contract agreed must be fulfilled so that it can be considered legit.

6 0

4 years ago

The long-run aggregate supply curve is vertical:

IceJOKER [234]

Answer: Option(c) is correct.

Explanation:

The long run aggregate supply(LRAS) curve is vertical as resource prices eventually rise and fall with product prices.

When there is an increase in the price level of the output, so in the long run this will also result in an increases in the prices of the factors of production.

Hence, aggregate supply curve in the long run is vertical.

Vertical LRAS also shows that whatever change happen in the aggregate demand has a temporary impact on the level of output. Factors such as capital, labor, technology impact the LRAS because it was assumed that everything is used optimally.

7 0

3 years ago