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
kirill115 [55]
1 year ago
9

suppose larry's lariats produces 25,000 lassos and sells each for $10. what is the company's total revenue?

Business
1 answer:
zmey [24]1 year ago
3 0

If Larry's Lariats produces 25,000 lassos and sells each for $10, then the company's total revenue is $250,000.

What is total revenue?
Revenue
is the sum of money that a company makes by charging a certain price for its products or services. It is the starting point of an organization's income statement that establishes how much net income it generates after <u>deducting costs, taxes, and interest</u>. It is one of the most crucial line items for a business as a result. There are numerous perspectives on the same number, despite the fact that it may only be one. These different levels of insight are beneficial to investors, analysts, and businesses. Total revenue as well as marginal revenue are two of the most popular types of revenue.

To learn more about total revenue
brainly.com/question/25623677
#SPJ4

You might be interested in
Gavina places products in several of the marketing channel categories. two examples of this are placement in​ mcdonald's in​ a(n
o-na [289]
<span>Gavina places products in several of the marketing channel categories. Two examples of this are placement in​ mcdonald's in​ a time utility category and placement in costco in the​ place utility category.

McDonald's falls under the time utility category because they streamline their services by making the ordering process to leaving with food as fast as possible. Those people wanting to save time and/or get the most value for their time often pick a fast food chain. 
Cosco is an ample of place utility because they group together large quantities of </span>items that many consumers want into one place. By doing this, they allow the buyer more options in one place making items more easily accessible. 
5 0
3 years ago
When should a writer establish common ground before the bottom line statement?
exis [7]
<span>Sometimes a reader may have a different opinion and may not agree with the bottom line statement of the author.When this disagreement arises a writer will have to establish common ground before the bottom line statement.</span>
5 0
3 years ago
Read 2 more answers
What is the origin of the term “to post” advertisements?
OlgaM077 [116]
The answer is A "Colonial merchants once nailed advertisements on posts in front of their stores." please marl me as brainliest
4 0
3 years ago
Read 2 more answers
Complete the following statements using either "debit" or "credit":
Gekata [30.6K]

Answer:

a Debit

b Credit

c Debit

d Credit

e Credit

f Credit

g Debit

h Debit

i Debit

Explanation:

The rules are that increase in assets such as cash account ,delivery equipment,accounts receivable are debited while the reverse is done for reduction in assets.

The increase in liability accounts and revenue such as accounts payable and revenue account delivery fees are normally credited while the reverse applies to decrease in liabilities.

The increase in expense is normally debited while the reduction in expense is a credit.

The increase in capital account is a credit

4 0
3 years ago
Jing Company was started on January 1, Year 1 when it issued common stock for $28,000 cash. Also, on January 1, Year 1 the compa
denpristay [2]

Answer:

5,280 net income for the Year 3

Explanation:

This would be the situation:

17,400 revenue

11,000 expenses

gain/loss on sale of equipment

= net income year 3

To know the result of the sale of equipment we have to do

sales price - book value = gain/loss on sale of equipment

8900         -  book value   = gain/loss

We have to determinate the book value.

book value = adquisition cost - acumulated depreciation

The equipment cost 15,200 + 1,300 transportation cost = <u>16,500 Adquisition Cost</u>

acumulated depreciation = depreciation per year * 3 years

and depreciation per year is:

\ $ depreciation per year $= \frac{Adquisition Value - Salvage Value }{Useful Life}

Here we have all the values, so we stop digging and start solving.

  • <em>depreciation </em>= (16,500-5,700)/5 = 2,160
  • <em>acumulated depreciation</em> = 2,160 * 3 = 6,480
  • <em>book value</em> = 16,500 - 6,480 = 10,020
  • <em>gain/loss </em>= 8,900 - 10,020 = -1,120 LOSS on sale of Equipment

net income = 17,400 - 11,000 - 1,120 = 5,280 net income for the Year 3

6 0
4 years ago
Other questions:
  • Malika just got hired by Amazon to work in upper management. She currently lives in South Carolina, and has to move to Californi
    9·1 answer
  • Why do managers consider direct costs to be more accurate than indirect​ costs?
    9·1 answer
  • According to AU-C 315, Understanding the Entity and its Environment and Assessing the Risks of Material Misstatement, not all co
    7·1 answer
  • Many areas of sales promotions are regulated by the _____ through the marketing practices division of the bureau of consumer pro
    14·1 answer
  • All the following are benefits of attending a community college except that
    13·1 answer
  • One of your customers is delinquent on his accounts payable balance. You’ve mutually agreed to a repayment schedule of $500 per
    6·1 answer
  • An economy's production possibilities frontier:​ Select one:
    8·1 answer
  • What are the resources og microeconomics?
    15·2 answers
  • What are 2 ways to add a customer to QuickBooks Online?
    13·1 answer
  • In this type of economy, the government will control some of the means of production, but not all of it. You can still become we
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!