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Travka [436]
2 years ago
5

Accrued Revenues are a/an

Business
1 answer:
mamaluj [8]2 years ago
7 0
Revenues - Asset
Expenses - Liability
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What is CRM software designed to do?
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In CRM (customer relationship management<span>), CRM software is a category of software that covers a broad set of applications designed to </span>help<span> businesses manage many of the following business processes: customer data. customer interaction. access business information.</span>
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1. Which of the following ratios are key components in measuring a company's operating efficiency? (You may select more than one
mrs_skeptik [129]

Answer:

Explanation:

1. c. Return on total assets checked

d. Total asset turnover checked

2) b. Debt ratio

3) d. Working capital

4) c. Accounts receivable turnover checked

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3 years ago
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When firms compete by offering unique product features rather than competing on price, ______ occurs.
guapka [62]

When firms compete by offering unique product features rather than competing on price, <u>non-price competition</u> occurs; it is when businesses employ tactics to boost sales and market shares without lowering prices.

What is non-price competition?

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Types of Non-Price Competition:

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6 0
2 years ago
Marley Company has the following information for March: Sales $912,000 Variable cost of goods sold 474,000 Fixed manufacturing c
Shkiper50 [21]

Answer:

Manufacturing Margin: Manufacturing margin Is the difference between sales and the  variable cost of good sold .

Contribution margin: The contribution margin is the amount which is derived from sales revenue, after subtracting the variable expenses. This amount contributes toward covering fixed expense and then towards profit for the period

Net income: Net Income u the income after deducting all the expense, from the gross Income. It is also termed as net profit or net earning

a. Computation of the manufacturing margin for the month of March:

Manufacturing margin = Net sales - Variable cost of goods sold

Manufacturing margin = $912,000 - $474,000

Manufacturing margin = $438,000

Thus, the manufacturing margin for the month of March is $438,000 .  

b. Computation of the contribution margin for the month of March:

Contribution margin = Manufacturing margin - Variable selling

Contribution margin = $438,000 - $238,100

Contribution margin = $199,900

Thus, the contribution mar gm for the month of march is $199,900

c. Computation of the income from operations for the month of March:

Income from operations = Contribution margin - Fixed manufacturing costs - Fixed selling and administrative expenses

Income from operations =$199,900 - $82,000 - $54,700

Income from operations = $63,200

Thus, the income from operations for the month of March is $63,200.

6 0
3 years ago
Tom's Textiles shipped the wrong material to a customer, who refused to accept the order. Upon receipt of the material, Tom's wo
lina2011 [118]

Answer:

C) Sales returns.

Explanation:

A sales return is an actual return of merchandise inventory by a customer for any reason. The sales return account is a contra sales account, due to its debit nature it is adjusted into the sales value to calculate net sales. As the sales were recorded by the Tom's Textiles so, the return will be classified as sales return.

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3 years ago
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