The difference between last year's and this year's sales in percentage 325000-250000=75000/250000*100
=30%
By sales, what do you mean?
Any exchange of money for tangible or intangible products, services, or assets between two or more persons is referred to as a sale. Other assets may in some situations be given to a seller.
Why are sales crucial?
Sales are crucial in creating consumer loyalty and trust with businesses. Customers choose to promote your business to friends and family and to post positive reviews of your goods and services online mostly because they have faith in you and value your loyalty.
To know more about sales
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Answer:
When you diversify your investments, you reduce the amount of risk you're exposed to in order to maximize your returns. Although there are certain risks you can't avoid, such as systemic risks, you can hedge against unsystematic risks like business or financial risks.
Answer:
$784,700
Explanation:
Data provided
Revenue from sales = $762,000
Decrease in accounts receivables = $22,700
The computation of cash received from customers is shown below:-
Cash receipts from customers = Revenue from sales + Decrease in accounts receivables
= $762,000 + $22,700
= $784,700
Therefore for computing the cash received from customers we simply applied the above formula.
<span>The straightforward elucidation for from
top to bottom genuine grosses in the United States and other technologically progressive
financial prudence is that the Labor petition has greater than before more briskly
than labor amount in these countries.</span>
Answer: Debit Delivery expense $355; Credit Cash $355
Explanation: Firstly, the disbursement was made from the petty cash account. This ultimately represents a cash account. Secondly, the disbursement was used for the payment of delivery expense to the tune f $355 (this is an operating expense). So the appropriate journals entries required to be recorded are as provided above. The disbursement is an outflow of cash and it was used for delivery expense.
