The percentage of increase or decrease in net sales revenue a decrease is 15.45%
Sales in 2024 = $110000
Sales in 2025 = $93000
Decrease in sales between two periods = ($110000 - $93000) = $17000
Percentage of decrease in sales = [($17000 / $110000 Base year) X 100]
=> 15.45% decrease in net sales revenue from 2024 to 2025
Net sales are gross sales generated by the business, excluding returns, rebates, and rebates. This number is used by analysts when making business decisions or analyzing a company's revenue growth.
Total sales are not adjusted for returns, rebates, and rebates. The earnings reported on the top line of a company's income statement are net earnings. Net sales are also known as net sales, net sales, or sales.
Revenue is the total amount of revenue from sales for a specific period. Quarters. Sales may be reported as net sales as they may include discounts and deductions from returned or damaged merchandise.
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Rent control is an example of a "price ceiling", it sets the price of rent "below" the equilibrium price and results in a "shortage" of apartments.
Answer is "D".
Rent control is a type of value control that confines the sum a property proprietor can charge for leasing a home or other land. Rent control goes about as a price ceiling by keeping rents either from being charged over a specific level or from expanding at a rate higher than a predetermined percentage.
Answer:
Utilization.
Explanation:
The measure that captures the use of a fixed asset in serving customers relative to the asset's capacity is known as the utilization rate.
This ultimately implies that, a utilization rate measures or estimates the level of output a fixed asset produces relative or in comparison with it's capacity.
Generally, the utilization rate is usually measured in proportions and displayed in percentages so as to gather information about organizational cost structure and operational efficiency.
The correct answer is (a.) True. Overdraft protection means the bank will protect your funds from excessive taxation. This protection is most likely to be offered by small business since it helps them to gain additional income fees.
Explanation:
1. Bad Debt Expense A/c Dr, $11,278
($9,820 + $1,458)
To Allowance for doubtful accounts $11,278
(Being bad debt expenses is recorded)
2. Bad debts A/c $1,283
To Allowance for Doubtful accounts $1,283
(Being uncollectible and wrote off is recorded)
3. Accounts Receivable A/c Dr, $1,283
To Allowance for Accounts receivable $1,283
(Being written off is recorded)
4. Cash A/c Dr, $1,283
To Accounts Receivable $1,283
(Being cash is recorded)
