Yes it is.
sales sales revenue minus net sales revenue
Sales revenue = breakeven sales + Fixed Cost Sales revenue = 40000 + 30000 sales revenue = 70000 Prove Sales revenue = 70000 Less: V.C = 40000 Contribution Margin = 30000 Less:Fixed Cost = 30000 Profit (loss) = Nill
combind revenue accounts
Sales revenue minus sales return and allowances and sales discount equals?
Sales department is an example of revenue centre as this department is mainly responsible for collection of revenue and sales of products.
No. Sales are part of Revenue.
u cannot calculate without sales or revenue. STUPID
Cash collected from sales of tickets should be charged to sales rather then unearned revenue so the correct entry is as follows: [Debit] Unearned Revenue xxxx [Credit] Sales revenue xxxx
Sales is a revenue not an expense or asset while difference between sales and expense is profit which is liability for business.
No.
Measure of profitability in relation to sales revenue, this ratio determines the net income earned on the sales revenue generated. Formula: Net income x 100 ÷ Sales revenue.
No