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Which if the following explains how revenue is determined?
The total amount of money brought in by sales
How revenue is treated under long-term contract?
Revenue is calculated as per percentage of completion method in long term contracts like construction contracts as first of all total cost and revenue is determined and after that it is allocated to specific fiscal year according to the percentage of completion of contract or project
If marginal revenue is greater than marginal cost the firm should?
If MR is greater than MC, the firm should increase their production. The ideal amount of production is determined by allowing the marginal cost to equal the marginal revenue.
Is service revenue an asset or liability?
Services revenue is revenue same as product revenue and it is not an asset or liability of the business.
Gain on sale of land is an asset or revenue?
It's a revenue. However, it's not a "Sales revenue", it's a "Other revenue".
Which if the following explains how revenue is determined?
The total amount of money brought in by sales
Which of the following best explains how revenue is determined?
A contract to deliver a particular commodity to a buyer sometime in the future. Apexx J.Pichardo
What explains how is determined?
The total amount of money brought in by sales is calculated.
What statements best explains why companies use ads?
To increase awareness of the product and increase revenue.
How can one determine marginal revenue in a business setting?
In a business setting, marginal revenue can be determined by calculating the change in total revenue that results from selling one additional unit of a product or service. This can be done by comparing the total revenue before and after selling the additional unit. The formula for marginal revenue is: Marginal Revenue Change in Total Revenue / Change in Quantity Sold.
How do you determine the optimal level of advertising?
the optimal level of advertising expenditure for the firm is determined where the marginal revenue increase in costs of advertising are equal to the marginal increase in revenue
In a free market economy the optimal QUALITY of goods and services is determined by?
The cost of output in relation to revenue.
How revenue is treated under long-term contract?
Revenue is calculated as per percentage of completion method in long term contracts like construction contracts as first of all total cost and revenue is determined and after that it is allocated to specific fiscal year according to the percentage of completion of contract or project
How is price determined in a monopolistic market?
price eqilibrium in market is determined by demand and supply of the production.
If marginal revenue is greater than marginal cost the firm should?
If MR is greater than MC, the firm should increase their production. The ideal amount of production is determined by allowing the marginal cost to equal the marginal revenue.
For investing, what stocks will give me the best value?
Stocks with the best value are stocks with the highest annual net revenue per share to stock price ratio. Annual debt must be subtract from net revenue before ratio is determined.
How is economic profit determined and what factors contribute to its calculation?
Economic profit is determined by subtracting all explicit and implicit costs from total revenue. Factors that contribute to its calculation include production costs, opportunity costs, and the competitive environment.
