Answer:
earned by selling goods or services to customers.
Explanation:
Revenues are earned by selling goods or services to customers.
This ultimately implies that, revenues are typically the income that are being generated from the provision of goods and services to meet the needs or wants of customers, as well as discounts and deductions for returned products.
<em>Generally, revenues forms the first line item reported on the income statement or is the beginning of an income statement</em>.
Answer:
$35,780.-
Explanation:
The company´s cash flow equals the cash coming into the business minus the cash going out. Annualizing your cash flow converts it to an annual amount that you can compare to cash flows from previous years.
Answer: <u>Memos omit a closing signature.</u>
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<u>(I took the test and this was the answer)</u>
Answer:
Maximum size of home loan than can afford is $209,471
Explanation:
Rate of interest on borrowing = 4%
Per month rate (r) = 4% / 12 = 0.33%
n = 30*12 = 360 months
Maximum size of home loan than can afford =
= $1000 * PVAF (0.33% , 360)
= $1000 * 209.47135
= $209471.35
= $209,471
Maximum size of home loan than can afford = $209471
Note: Monthly payment * PVAF( r, n)
PVAF at (0.33% , 360)
PVAF = 209.47135
Answer:
No impairment
Explanation:
Since the future net cash flows are still recoverable and they are higher than carrying amount, none needs to be reported
