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3 years ago

Which of the following items is an example of revenue?

Business

1 answer:

dedylja [7]3 years ago

7 0

Answer:

b. Cash received from customers at the time services were provided.

Explanation:

When a business recieves payment for goods or services rendered it has earned revenue.

Revenue is defined as the income that a business generates from normal business activities such as sales of goods and services.

It is also called sales turnover.

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While stocking the shelves with a new soup, the store manager notes a difference in price between the 16-ounce can and the 32-ou

asambeis [7]

Answer:

The correct answer is: Cost-Plus Pricing Strategy.

Explanation:

To begin with, a ''Cost-Plus'' is the name that a pricing strategy receives in the field of marketing and business that mainly focuses on the pricing of a product by the cost of it plus a certain porcentage of benefit, considering this last one as the benefit margin. Moreover, this type of pricing strategy is one of the most common ones in the field, typically the businesses use this type of pricing strategy due to the fact that it is easy to establish and it does not consider complex terms.

Secondly, in this case where the manager notices such a difference in the prices of the two cans is due to the fact that the manufacturer put less commodities and less effort in the can of 16-ounce rather than in the other can of 32-ounce where there is more soup and therefore there is more cost in that can, establishing that a higher price must put in that one.

5 0

3 years ago

In 2021, Carson is claimed as a dependent on his parents' tax return. His parents report taxable income of $200,000 (married fil

serg [7]

Carson's tax liability for 2021 as a 23-year full-time student, who earns from the summer internship and part-time job and receives a qualified dividend is $645.

<h3>What is tax liability?</h3>

Tax liability refers to the amount that a taxpayer is obliged to pay.

The tax liability is a function of the taxpayer's taxable income, tax bracket, deductions, and applicable tax rate.

In this case, we have assumed a flat tax rate of 10% for both Carlson's earned income and the dividend income.

<h3>Data and Calculations:</h3>

Earned income = $14,000

Qualified Dividend income = $5,000

Adjusted taxable income = $6,450 ($19,000 - $12,550)

Tax liability = $645 ($6,450 x 10%)

Thus, Carson's tax liability for 2021 is $645.

Learn more about tax liabilities at brainly.com/question/7409145

4 0

2 years ago

Cabell Products is a division of a major corporation. Last year the division had total sales of $28,540,000, net operating incom

natulia [17]

Answer:

9.1%

Explanation:

With regards to the above, margin is computed as;

Margin = (Net operating income ÷ Sales) × 100

Given that:

Net operating income = $2,597,140

Sales = $28,540,000

Margin = ($2,597,140 ÷ $28,540,000) × 100

Margin = 9.1%

3 0

3 years ago

1) true or false ?

dangina [55]

Answer:

ture

false

Explanation:

8 0

3 years ago

Read 2 more answers

You are a jeweler who wants to make sure you have the maximum number of diamonds for sale. You notice that the number of diamond

Gwar [14]

Answer:

sensitivity

Explanation:

A financial sensitivity analysis consists of analyzing the variables that influence decisions related to a business. That is, the dependent and independent variables are analyzed and how they will affect the economic results of a company.

This analysis is effective so that companies can make projections about how one variable is directly influenced by another according to the data found, assisting in the financial and economic decision-making process that will contribute to the profitability and positioning of the business.

7 0

3 years ago