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harkovskaia [24]
3 years ago
9

Revenues are ______. earned by selling goods or services to customers the amount of cash a company has left after it has paid it

s liabilities cash payments that a business has made directly to its owners amounts owed to creditors amounts that owners have contributed directly to the business
Business
1 answer:
taurus [48]3 years ago
4 0

Answer:

earned by selling goods or services to customers.

Explanation:

Revenues are earned by selling goods or services to customers.

This ultimately implies that, revenues are typically the income that are being generated from the provision of goods and services to meet the needs or wants of customers, as well as discounts and deductions for returned products.

<em>Generally, revenues forms the first line item reported on the income statement or is the beginning of an income statement</em>.

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Jane works in the maintenance department, which supports the production department and the research department. Jane's wages are
valina [46]
<h2>Direct to the maintenance department</h2>

Explanation:

Jane here works only in the Maintenance department. The work that he does supports both Production as well as Research. We can calculate the expenses, only by associating the department of the employee.

So, the wages should be directly associated to the maintenance department only.

We cannot add one cost to multiple department and it is not the right approach of accounting system. So the below becomes invalid.

<em>Indirect to the production department Direct to the research department Direct to the production department Indirect to the research department</em>

3 0
3 years ago
When only certain eoc team members or organizations are activated to monitor a credible threat, which activation level has been
skelet666 [1.2K]

The answer is:  Level 1 – Full Activation

In this level, the state would give a notification to all states' supporting agencies that a start plan is about to be implemented. The  Division of Emergency Management personnel  would soon take control to organize these agencies and assign them with each of their own roles.

5 0
3 years ago
Read 2 more answers
Accelerated Finance is deciding whether to purchase new accounting software. The cost of the software package is $ 67 comma 000​
sammy [17]

Answer:

The answer is: Expected annual net cash savings are $16,750.

Explanation:

Please find the below for detailed explanations and calculations:

Payback period is defined as the time it takes an investment to recover its initial investment.

In this case, the initial investment is the cost of software package at $67,000, while the payback period is four years.

We apply the payback period formula to calculate payback period to calculate the Expected annual net cash savings:

Payback period = Initial investment / Net cash flow per period <=> Net cash flow per period = Initial investment / payback period = 67,000 / 4 = $16,750.

So, Net cash savings annually is expected at $16,750. In other words, if the firm is to save $16,750 per year from owning the software, it will take the firm 04 years to recover its initial investment.

3 0
3 years ago
Among salespeople, ________ often represent products that have few options, such as magazine subscriptions and highly standardiz
disa [49]

Among salespeople,  order takers often represent products that have few options, such as magazine subscriptions and highly standardized industrial products.

<h3><u>Explanation:</u></h3>

A sales person who only aims in getting new orders and will not take any actions regarding finding new customers or increasing the existing order frequency. He will not aim in the increasing of the sales that already exists. He aims only in money making process.  

In the examples given, subscriptions of magazine and highly standardized industrial products are given. When considering these examples, the order takers will only take steps in getting new orders with a few options at their hands.  

4 0
3 years ago
Cost Behavior Prepare income statement in two formats Farnsworth Drycleaners has capacity to clean up to 7,500 garments per mont
Lemur [1.5K]

Answer:

(1)

Fees revenues 42,600

Total expenses 1.92 x 4260  = 8179.2

<em>Net income 34,420.8</em>

<em>(2)</em>

Fees revenues 42,600

Variable cost  2,982

Contribution Margin 39,618

Fixed Cost 14,400

Net Income 25,218

Explanation:

(1)

We multiply by the garment cleaned

10 x 4,260 = 42,600

0.7 x 4,260 = 2982

and distribute the fixed cost among the normal capacity

14,400 / 7,500 = 1.92 fixed cost per garment cleaned

.7 + 1.92 = 2.62 cost per garment

(2)

We do not include the fixed cost in the unit cost, we subtact them completely as an expense.

8 0
4 years ago
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