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3 years ago

Markets distribute goods and services based on _____. A. revenue B. price C. profits

Business

2 answers:

Svetlanka [38]3 years ago

8 0

Answer: A. revenue

Markets distribute goods and services based on revenue.

Explanation:

Revenue refers to the money generated or received from sale of goods or services during a specific period. It is also referred to as the income earned by a business organization or company from its business activities. It can be calculated by multiplying the price at which goods (products) or services are sold by the number of units or amount sold.

andrew11 [14]3 years ago

6 0

The correct answer to this question is this one: A. revenue. By definition, a revenue is the income that a business has from its normal business activities, usually from the sale of goods and services to customers. So hope this helps answer your question.

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Adjustments for unearned revenues: Select one: a. decrease liabilities and increase revenues. b. increase liabilities and increa

Mnenie [13.5K]

Answer:

(D) decrease revenues and decrease assets

Explanation:

Since the revenue is unearned, its entry in the books needs to be reversed.

When a revenue was recorded in the books, the like journal entry would have been.

Debit Cash/Bank/Receivables Account (thus increasing asset)

Credit Revenue Account (thus increasing revenue)

There, reversing the entry will involve decreasing revenue and decreasing asset.

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3 years ago

The financial statement that shows revenue and expenses for a period of time is the

zavuch27 [327]

The income statement reports revenues and expenses and the resulting net income

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3 years ago

Jordan plans to open a computer repair business this summer. As he plans, he writes down the long-term goals of the business so

DerKrebs [107]

Answer:

Explanation:

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3 years ago

Read 2 more answers

The management of Penfold Corporation is considering the purchase of a machine that would cost $270,000, would last for 5 years,

Lorico [155]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Initial investment= $270,000

Cash flow= $60,000

Number of years= 5

Discount rate= 12%

To calculate the net present value (NPV), we need to use the following formula:

NPV= -Io + ∑[Cf/(1+i)^n]

∑[Cf/(1+i)^n]:

Cf1= 60,000/1.12= 53,571.43

Cf2= 60,000/1.12^2= 47,831.63

.....

Cf5= 60,000/1.12^5= 34,045.61

∑[Cf/(1+i)^n]= 216,286.57

Now, the NPV:

NPV= -270,000 + 216,286.57

NPV= -53,713.43

5 0

3 years ago

When a country's economy is producing at a level that exceeds its potential gdp, the standardized employment deficit will show a

Alla [95]

Answer:

smaller deficit.

Explanation:

A smaller deficit than the current deficit is the ideal answer to fill the gap. A deficit occurs when expenditures are greater than revenues, so in an economy with a surplus, revenues will be larger than expenses, so the standardized employment deficit will be smaller than the current one, because an economy with a GDP that exceeds its potential , is an economy that is expanding, production is larger, which consequently increases the employment rate and decreases the deficit.

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3 years ago