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3 years ago

The money being made in a company. A. Obsolesce B. Solvency C. Revenue D. Debt

Business

2 answers:

Vladimir79 [104]3 years ago

8 0

The answer is..
Revenue!
Hope this helps..

riadik2000 [5.3K]3 years ago

8 0

The money being made in a company is <u>"revenue".</u>

Revenue is the measure of cash that an organization really gets amid a particular period, including limits and derivations for returned stock. It is the best line or gross pay figure from which costs are subtracted to decide overall gain.

Revenue is determined by duplicating the cost at which products or administrations are sold by the quantity of units or sum sold.

Revenue is otherwise called sales on the income statement.

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Roth Service Co. experienced the following transactions for 2018, its first year of operations: Provided $80,000 of services on

Stels [109]

Answer and Explanation:

a. The preparation of income statement is shown below:-

Income Statement

Service revenue $80,000

operating expenses

Salary expenses $28,000

Uncollectible accounts

expense $3,273

Total operating expense $31,273

Net income $48,727

Working Note :-

Days Amount Percentage Allowance balance

Current $16,800 0.01 $168

0-30 $5,100 0.05 $255

31-60 $4,000 0.10 $400

61-90 $2,000 0.30 $600

Over 90

days $3,700 0.50 $1,850

Total $31,600 $3,273

b. The computation of net realizable value of the accounts receivable is shown below:-

Net realizable value = Accounts receivable - Allowance for doubtful accounts

= ($80,000 - $48,400) - $3,273

= $31,600 - $3,273

= $28,327

4 0

3 years ago

Lake Corporation is considering the elimination of one of its segments. The segment incurs the following fixed costs. If the seg

77julia77 [94]

Answer:

the amount of avoidable cost associated with the segment is $754,000

Explanation:

The cost associated with the segment to be eliminated including:

- Advertising expense $140,000

- Supervisory salaries $300,000

- Allocation of companywide facility-level costs $130,000

- The loss for unsold building (*): $60,000

- Maintenance costs on equipment $112,000

- Real estate taxes on building $12,000

The total cost is $754,000

(*) The earning from sold building (book value) = Market value of building $160,000 - Book value of building $100,000 = $60,000

3 0

3 years ago

In a market economy, a high price is a signal for:___________.1. Producers to supply more and consumers to buy less. 2. Producer

shepuryov [24]

Answer: Answer is 1

Explanation:

In a market economy, a high price is a signal for producers to supply more and consumers to buy less.

3 0

3 years ago

Read 2 more answers

Is Cab Service in the UK is Excellent Choice for Transport?

Andreas93 [3]

Cab services are the best option for transportation in the UK.

Cabs are a type of personalized transport that works in the United Kingdom, this service offers several advantages compared to taxis such as:

It is cheaper than taxis.
It is more comfortable and less disturbing.
They have several options for the number of people traveling.
They can be booked easily and quickly
Offers a much faster transportation service than buses or black taxis
It is available 24 hours a day, 7 days a week.

Based on the above, it can be inferred that Cabs are the best transport service in the UK.

Learn more in: brainly.com/question/23627598

6 0

2 years ago

Small businesses that are just getting off the ground often have problems with the difference between cash coming into the busin

faust18 [17]

Answer:

d) <u>cash flow</u>

Explanation:

Small businesses are characterized by limited scale of operations and small quantum of revenues. Thus, small businesses in their initial stages have to deal with the common problem of shortage of funds owing to delay in receipts from debtors owing to relaxed credit terms.

The receipts are not received on time while the expenses accumulate which leads to a situation of cash crunch wherein it gets difficult to meet expenses and liabilities.

Thus, to avoid such situations businesses have to consider their credit policies and credit allowing limit so as to ensure enough cash to meet day to day working capital requirements.

This points towards being careful of cash inflows and outflows and efficient management of cash flows, keeping check on receipts and payments to ensure smooth operations.

4 0

3 years ago