Question

wm. wrigley jr. company once made only chewing gum. when wrigley bought life savers (a line of candy mints) and altoids (a line of breadth mints) from kraft, chewing gum then constituted less than 95 percent of revenues. thus, wrigley

Answer 1

Wm. Wrigley Jr. Company once made only chewing gum. When Wrigley bought Life Savers (a line of candy mints) and altoids (a line of breath mints) from Kraft, chewing gum then constituted less than 95 percent of revenues. Thus, Wrigley was moving away from its traditional single-business strategy toward a dominant strategy.

How do you define revenue?

Revenue is the revenue from normal operations calculated by multiplying the average selling price by the number of units sold. This is the top line (or gross income) from which expenses are subtracted to determine net profit. Revenue is also known as income statement revenue.

An example of revenue?

Examples of Revenue Accounts: Sales, Service Revenue, Acquisition Fees, Interest Revenue, Interest Income.

What is the revenue of the company?

Your Annual Revenue is the amount of money your business has made from his annual sales. This does not include costs and expenses. To calculate annual revenue, multiply the quantity of each product sold by the retail price, then add the annual sales of each product to arrive at the total annual revenue.

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