All categories

4 years ago

What is revenue on an income statement? Select one:

Business

1 answer:

Snezhnost [94]4 years ago

6 0

Answer:

Without knowing your options to select from......

Explanation:

It is the top line or gross income figure from which costs are subtracted to determine net income. Sales Revenue formula. Revenue is also known as sales on the income statement.

You might be interested in

Match the pairs to their respective categories.

Anestetic [448]

*matches pairs to respective categories*

4 0

3 years ago

Ellie purchases an insurance policy on her life and names her brother, Jason, as the beneficiary. Ellie pays $32,000 in premiums

Natalija [7]

Answer:

He does not report any gross income as life insurance proceeds are exempted from tax.

Explanation:

As a rule life insurance proceeds to a beneficiary are not taxable, they are viewed as non taxable inheritance of the deceased to the beneficiary.

However if Ellie had instructed the insurance company to hold the funds for sometime before paying Jason, the interest earned during that period will be taxable.

5 0

3 years ago

The process by which ANZ bank's internal job descriptions are matched to external jobs with similar responsibilities to identify

tekilochka [14]

Answer:

Um sorry Where's the answer?

8 0

3 years ago

You own a stock portfolio invested 20 percent in Stock Q, 30 percent in Stock R, 15 percent in Stock S, and 35 percent in Stock

PilotLPTM [1.2K]

Answer:

Portfolio Beta = 1.333

Explanation:

The portfolio beta is the function of the weighted average of the individual stock betas that form up the portfolio. The beta is the measure of the responsiveness of the stock in comparison with the market for any change happening in the market or due to systematic risk. We can calculate the portfolio beta as follows,

Portfolio Beta = wA * Beta of A + wB * Beta of B + ... + wN * Beta of N

Where,

w refers to the weight of each stock in the portfolio

Portfolio Beta = 0.2 * 0.75 + 0.3 * 1.9 + 0.15 * 1.38 + 0.35 * 1.16

Portfolio Beta = 1.333

7 0

3 years ago

The present value of the following cash flow stream is $6200 when discounted 9% annually. What is the value of the missing cash

tigry1 [53]

Answer:

Cash flow year 3= $1,938.2

Explanation:

Giving the following information:

PV= $6,200 when discounted 9% annually.

Cf:

a) Year 1- $1300

b) Year 2- ?

c) Year 3- $1950

d) Year 4- $2640

<u>To calculate the missing cash flow, we need to use the following formula:</u>

NPV= ∑[Cf/(1+i)^n]

6,200= 1,300/1.09 + x + 1,950/1.09^3 + 2,640/1.09^4

6,200= 1,192.66 + x + 1,505.76 + 1,870.24

Year 3 (PV)= 1,631.34

Cash flow year 3= 1,631.34*1.09^2

Cash flow year 3= 1,938.2

5 0

3 years ago