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N76 [4]
3 years ago
12

Total revenue equals A. change in price per unit times quantity sold. B. price per unit times change in quantity sold. C. price

per unit times quantity sold. D. price per unit times quantity supplied.
Business
1 answer:
Dmitriy789 [7]3 years ago
7 0

Answer:

C. price per unit times quantity sold.

Explanation:

Total revenue is defined as the revenues that are received from the sales of units of goods and services. It is price multiplied by quantity sold.

Total revenue can also be seen as price per unit times quantity is sold. For example if the unit price of a good is $2 the price per one unit is $2. When 20 units are sold the price per units sold is 20* $2= $40.

So times that a defined unit of goods is sold multiplied by price gives the total revenue.

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What are the criteria for distinguishing between a deductible expense and a capital expenditure?
Lelu [443]

The criteria for distinguishing between whether an expenditure is a capital item or a deductible expense is the useful life of the item.

If the purchase is going to be used and no longer have value at the end of the reporting period it is an expense for that period. If the item is a capital item it is going to have a longer useful life. In this case the item is depreciated over its useful life, assigning an expense amount to each accounting period that the item has value.

6 0
3 years ago
2700 thousand bonds with a face value of $1000 each, are sold at 106. The entry to record the issuance is
IceJOKER [234]

Date, bonds sold at a premium

Dr Cash $28620000000

   Cr Bonds payable $2,700,000,000

   Cr Premium on bonds payable $1,62,000,000

Explanation:

The total face value of the bonds is $1,000 x 2700,000 bonds = $2,700,000,000

since the bonds were sold at 106, their price was =

$2,700,000,000 x 106% = $28620000000

the difference between the face value and the actual market price = $2,862,000,000 - $2,700,000,000 = $1,62,000,000 must be recorded as premium on bonds payable (increases the bonds' carrying value)

<h3>What is the difference between market value and face value?</h3>
  • The market value is the actual price at which the security trades on the open market, as well as the price that fluctuates when the yield reacts to changes in interest rates.
  • The face value is determined by the issuing company. It may be the value at which the firm redeems the shares at some point in the future, but there is no guarantee.

Learn more about date and the interest expense:

brainly.com/question/20038664

#SPJ4

7 0
2 years ago
Companies should avoid answering complaints on product review sites, because they may appear incompetent.
blondinia [14]
False answering customer feedback can make the business seem more honest and appealing to consumers.
6 0
3 years ago
Find the effective rate of interest if payments of 300 at the present, 200 at the end of one year, and 100 at the end of two yea
Illusion [34]

Answer:

12.93%

Explanation:

Given that the amount of 300 is invested for 3 years, while the amount of 100 is invested for 2 years and 100 is invested for 1 year.

also amount accumulated in three years = 800

Applying the formula to find the future value we get

300(1+r)^3 + 200(1+r)^2 + 100(1+r) = 800

which can be further simplified to

300r^3+1100r^2+1400r+600=800

where, r is the effective rate of interest which we have to find out

The above equation is cubic in r, so to solve this we can use equation solver. When we put this equation in equation solver we get

r = 0.12926

r ≅ 0.1293

Therefore,  effective rate of interest  = 12.93%

7 0
3 years ago
In an inverted organization, who is at the top?
MrRissso [65]

A. Frontline staff is your answer because they are the staff that work directly with customers.

6 0
3 years ago
Read 2 more answers
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