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Olegator [25]
1 year ago
10

What is the financial impact on a company when a customer returns a product for a refund?

Business
2 answers:
3241004551 [841]1 year ago
8 0

Sales revenue will not be impacted because the company has already accrued for estimated refunds and returns.

<h3>What is Sales Revenue?</h3>

Sales revenue is the money a business makes from selling products or offering services. Sales and revenue can, and frequently are, used interchangeably to refer to the same thing in accounting.

It is significant to remember that revenue does not always equate to money received. One part of sales revenue may be paid in cash, and the other part may be paid on credit using methods like accounts receivable.

Either the gross revenue total or the net revenue amount can be used to represent sales revenue on the income statement. All deductions for product returns, the potential for undelivered items, and the cost of bad debts, also known as uncollectible accounts receivables, are included in net revenue.

To know more about Sales Revenue, visit

brainly.com/question/21290956

#SPJ4

Sati [7]1 year ago
6 0

Sales revenue will not be impacted because the company has already accrued for estimated refunds and returns.

<h3>What is Sales Revenue?</h3>

Sales revenue is the money a business makes from selling products or offering services. Sales and revenue can, and frequently are, used interchangeably to refer to the same thing in accounting.

It is significant to remember that revenue does not always equate to money received. One part of sales revenue may be paid in cash, and the other part may be paid on credit using methods like accounts receivable.

Either the gross revenue total or the net revenue amount can be used to represent sales revenue on the income statement. All deductions for product returns, the potential for undelivered items, and the cost of bad debts, also known as uncollectible accounts receivables, are included in net revenue.

To know more about Sales Revenue, visit

https://brainly.in/question/46943461

#SPJ4

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3 years ago
Boiler rooms with slick telemarketers offered full physicals for a little or no fee. this free diagnostic service turned out to
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4 0
3 years ago
You are considering two investment alternatives. The first is a stock that pays quarterly dividends of $0.32 per share and is tr
MrMuchimi

Answer:

The 1-year HPR for the second stock is <u>12.84</u>%. The stock that will provide the better annualized holding period return is <u>Stock 1</u>.

Explanation:

<u>For First stock </u>

Total dividend from first stock = Dividend per share * Number quarters = $0.32 * 2 = $0.64

HPR of first stock = (Total dividend from first stock + (Selling price after six months - Initial selling price per share)) / Initial selling price = ($0.64 + ($31.72 - $27.85)) / $27.85 = 0.1619, or 16.19%

Annualized holding period return of first stock = HPR of first stock * Number 6 months in a year = 16.19% * 2 = 32.38%

<u>For Second stock </u>

Total dividend from second stock = Dividend per share * Number quarters = $0.67 * 4 = $2.68

Since you expect to sell the stock in one year, we have:

Annualized holding period return of second stock = The 1-year HPR for the second stock = (Total dividend from second stock + (Selling price after six months - Initial selling price per share)) / Initial selling price = ($2.68+ ($36.79 - $34.98)) / $34.98 = 0.1284, or 12.84%

Since the Annualized holding period return of first stock of 32.38% is higher than the Annualized holding period return of second stock of 12.84%. the first stock will provide the better annualized holding period return.

The 1-year HPR for the second stock is <u>12.84</u>%. The stock that will provide the better annualized holding period return is <u>Stock 1</u>.

6 0
3 years ago
What most directly explains the boost in production of mccormick reapers?.
marishachu [46]

The adoption of interchangeable parts is the statement that directly explains the boost in production of mccormick reaper.

<h3>What is mccormick reaper?</h3>

The mccormick reaper is a mechanical mechanism that was created by Cyrus McCormick for farmers to harvest crops mechanically.

In conclusion, the adoption of interchangeable parts is the statement that directly explains the boost in production of mccormick reaper.

Read more about mccormick reaper

<em>brainly.com/question/487638</em>

7 0
2 years ago
Marketing logistics includes all of the following EXCEPT ________. reverse logistics inbound logistics producer-centered logisti
Nana76 [90]

Answer:

producer-centered logistics

Explanation:

When it comes to marketing, <u>consumers and customers always come first</u>. There isn't such thing as producer-centered logistics (<u>not that i know of at least</u>) because the producers need to focus on the business and customers not themselves.

8 0
2 years ago
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