Answer:
This is an example of expertise
Explanation:
Expertise can be seen with the wide range of knowlege. Expertise can be seen in how the knowlege is applied as well.
Answer:
Yes, I agree. Under UCC rules, the risk of loss is assigned to a party depending on the type of transaction. If a transaction is FOB shipping point, the title passes to the buyer at the moment that the merchandise exits the seller's shipping dock. If the sale is made FOB destination, the title passes only after the merchandise is delivered.
If the title had already passed from the seller to the buyer, the risk of loss is allocated to the buyer.
Answer:
$152,000
Explanation:
Given the data as shown below;
Opening inventory = $10,000
Purchases = $150,000
Ending inventory = $8,000
Therefore,
Juice drinks cost of goods sold = Opening inventory + Purchases - Ending inventory
= $10,000 + $150,000 - $8,000
= $152,000
If a firm collects $80 in revenue when it sells 4 units, $100 in revenue when it sells 5 units, and $120 in revenue when it sells 6 units, then one can infer the firm is a perfect competitor.
Turnover is the total amount of revenue generated from the sale of goods or services related to the company's main activities. Earnings, also known as gross earnings, are often referred to as the "top line" because they are at the top of the income statement. Income or Net Profit is the gross profit or profit of a business.
Simply put, revenue is how much money a company makes and profit is how much money a company can keep after paying all its expenses. Here's another example that clarifies where sales and profit are on the income statement. The black box at the top shows the gross or gross sales.
Learn more about revenue at
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