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2 Revenues represents a. an outflow of assets resulting from the sale of goods or services b. assets received from selling products or services c. assets used or consumed in selling products or?
Chandrak
assets received fro selling products or services
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∙ 14y ago
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Are revenues the same as net income?
Revenues are earnings from sales of products and net income is the difference between revenues and expenses.
Do pigs eat consumed products or produced products?
Produced products, grass, grains, table scraps etc.
In general products that are consumed in fixed amounts have?
elastic demand
What are the main functions of the operations functional area?
Produces the products and services and generates revenues and cash flows
Products resulting from inputs and conversion are known as?
output
What are the resulting compounds called?
These compounds are called products.
What term is These are the substances that are present after the reaction has taken place?
You can use the terms: resulting products, resulting compounds.
What is incremental concept?
The Incremental concept is estimating the impact of a business decision on costs and revenues, tressing the changes in total cost and total revenue that result from changes in prices, products, rocedures, investments, or whatevrmay be at stake in the decision. The two basic concepts in this analysis are incremental cost and incrementa revenue. 1.The change in total cost resulting from a decision. 2.The change in total revenue resulting from a decision.
Unearned revenue in balance sheet?
Unearned revenue is a liability and is included on the credit side of the balance sheet. Unearned revenues are recognized when customers pay up front for the products/services. As a result, the company has an obligation to the customer to deliver products/render services. When the company has deliverd the products/rendered the services, the liability unearned revenues is reduces and recognized as sales.
What quantity of wood products do Americans consume?
in 2000 Americans consumed an average of 718 pounds of paper products and 18 cubic feet of lumber products.
What types of products do manufacturers buy?
Manufacturers --Manufacturers produce products to be sold at a profit. They buy products and services that are directly used in the products they produce or are consumed in the general operations of the firm.
What is the water equivalent to agriculture called?
The water equivalent to agriculture is commonly referred to as "virtual water." It represents the amount of water consumed or used to produce agricultural products. This includes the water used for irrigation, crop growth, and the water embedded in the production processes.
