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Art [367]
2 years ago
12

Inflows or other enhancements of assets or settlements of an entity's liabilities from delivering or producing goods, rendering

services, or other activities that constitute its ongoing major or central operations are ______.
Business
1 answer:
VladimirAG [237]2 years ago
4 0

Answer:

REVENUES

Explanation:

Revenue, often referred to as sales, is the income received from normal business operations and includes discounts and deductions for returned merchandise. It is the top line or gross income on a company's income statement from which all charges, costs, and expenses are subtracted to arrive at net income.

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What does the term primary, secondary and tertiary mean in business?
seropon [69]

Tertiary means commercial services.

Primary business purpose is a phrase denoting that the main intent of traveling out of town was to transact business.

A secondary industry makes products that are more likely to be consumed by individuals.

Hope this helps, have a good day. c;

7 0
3 years ago
Read 2 more answers
Money that you owe the Internal Revenue Service because you did not pay enough in over the year is known as a ________________.
matrenka [14]

Answer:

Tax due or tax bill any one of them

5 0
2 years ago
Lucci Inc. is a retailing firm specializing in high-end merchandise. Each of Lucci's stores uses the retail inventory method by
ludmilkaskok [199]

Answer:

1 Line item description                Cost                Retail

2 Beginning inventory                 40000            360000

3 Purchases                                  1000000        10000000

4 Transportation in                       50000

5 Purchase returns                      -20000          -196000    

6 Net purchases(3+4+5)             1030000        9804000

7 Net additional markups                                    800000    

8 Cost to retail ratio                     1070000       10964000

  component(2+6+7)

9 Net markdowns                                                -500000    

10 Sales                                                                  -9800000    

11 Ending inventory,retail(8+9+10)                       664000

Setup calculation:

Cost to retail ratio = Cost to retail ratio component at cost/Cost to retail ratio component at retail

= 1070000/10964000

= 0.097592

= 9.76%

Ending inventory,cost = Ending inventory,retail*Cost to retail ratio

= 664000*9.76%

= $64806

Cost of goods sold = Sales*Cost to retail ratio

= 9800000*9.76%

= $956480

7 0
2 years ago
Jobs that require lower level skills have better benefits, like health insurance, than jobs that require a college education. Pl
brilliants [131]

Answer:

False, jobs requiring a higher level of education have more benefits than jobs that require minimal education.

8 0
3 years ago
Taco Loco is unsure whether the amount of beef that their computer thinks is in inventory is correct. What is the range in value
STALIN [3.7K]

Answer:

C: 17.78-30 pounds

6 0
3 years ago
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