1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
olya-2409 [2.1K]
1 year ago
13

The difference between total revenue and total cost is

Business
1 answer:
spin [16.1K]1 year ago
4 0
The revenue is defined as the total income a business receives from selling a good or service to its customers. The cost is defined as the total expenses that are incurred in the production of goods or services by any individual or organisation.
You might be interested in
You are about to leave your shift as a security guard in a retail store, when you notice someone outside tapping on the store wi
Ahat [919]
Since the store is already close-- there's no point of having the employee to come in because as a security guard, it is best to protect the store and having to protect it in a way that a person shouldn't be let in when it is already closed even if the person looks like someone who is working in the store. If the employee has some excuses as to why he or she wants to come in, it best to respond in a way that he or she should come back when the store opens or during his or her shift.
3 0
3 years ago
Smart Stream Inc. uses the product cost method of applying the cost-plus approach to product pricing. The costs of producing and
weqwewe [10]

Answer:

A. $2,400,000

B. $36

C. $49

Explanation:

Base on the scenario been described in the question, we can use the following method to solve the given problem

a. Ascertain the variable costs and the variable cost amount per unit for the production and sale of 10,000 cellular phones:

The total variable cost = $2,400,000

Variable cost per unit =$240

help_outline

fullscreen

b. Ascertain the variable cost mark-up percentage for cellular phones:

Compute the desired ROI per unit:

help_outline

fullscreen

Compute the Fixed co

An attached image in given for the calculations

4 0
3 years ago
NerdHerd Electronics sells three different sizes of televisions at three different prices. In this case, the company's pricing s
Pavel [41]

Answer:

A) Product Line

Explanation:

Product line Strategy is a process whereby different set of related products are differentiated based on features and prices thereby setting products at different price levels in order to allow customer pick the product that most likely fit their needs and purchase power.

For example, Apple offers the iPhone XS and the iPhone XR as premium options. The iPhone 8 and iPhone 7 are then included as additional options. They are all the same product that is Apple product but at varying prices and features.

3 0
3 years ago
Louis is a student at Texas A&M who just secured a summer internship working for the marketing department of Southwest Airli
marin [14]

Answer:

The answer is "Option b".

Explanation:

The Greyhound Bus uses the three types of fare, that were being used by Greyhound, and the extra travelers Economy and Luxury pay non-refundable costs, receive $20 to upgrade their fares or one carriage free or one luggage free. Additional travelers from Business also receive priority loading but collect further rewards than travelers from Business.

7 0
3 years ago
Pwease help me. I need so much help
gizmo_the_mogwai [7]
Jdjdjjdjdjjdjdjxnnxnnxnxjdjfnfnjtjfjjfjfbcbch hh b h
5 0
3 years ago
Read 2 more answers
Other questions:
  • A newly formed country in the Caribbean has no high tariffs, yet other countries find it difficult to trade with the new country
    12·1 answer
  • Whom do progressive taxes asses
    9·2 answers
  • L Corporation produces and sells 15,100 units of Product X each month. The selling price of Product X is $21 per unit, and varia
    7·1 answer
  • Bennett Company’s high and low level of activity last year was 150,000 units produced in June and 50,000 units produced in Janua
    10·2 answers
  • A study was done on the campus of a major state institution to measure attitudes of students to-wards the recent fee increase. O
    9·1 answer
  • Lincoln has used a piece of land in her business for the past five years. The land qualifies as §1231 property. It is unclear wh
    14·1 answer
  • January 1, 2021, Smith Co. purchased common stock of North Company for $500,000. North Company has common stock outstanding of $
    9·1 answer
  • According to the video, what are some qualities Air Traffic Controllers need? Check all that apply.
    14·2 answers
  • l a fixed asset for $72,376 when its book value is $43,070. If your company's marginal tax rate is 25 percent, what will be the
    6·1 answer
  • Parliament Company, which expects to start operations on January 1, year 2, will sell digital cameras in shopping malls. Parliam
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!