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Is equipment considered a revenue or asset?

Equipment is an asset for business which is usable in business to generate revenue.


What type of account is equipment?

Equipment is a long term asset account available for business to generate economic revenue.


How can a business effectively generate marginal revenue from demand?

A business can effectively generate marginal revenue from demand by adjusting prices based on consumer willingness to pay, implementing targeted marketing strategies to attract more customers, and offering complementary products or services to increase overall revenue.


What is the difference between revenue and business models?

Revenue model is how do you generate $$$ by selling your products and services, whereas business model is to demonstrate your business is profitable, growing and sustainable despite all odds.


What are some sources of revenue a business might generate?

sales interest lease tax


Can you call the money used to start a business '' revenue?

No, the money used to start a business is typically referred to as "capital" or "initial investment," rather than "revenue." Revenue refers to the income generated from business activities, such as sales of goods or services, after the business is operational. Capital is the funding required to launch and sustain the business before it begins to generate revenue.


What determines how much a business is worth?

If you Buy a business, for 300,000, you want it to generate a least 300,000 a year in gross revenue. Frank


What is a fixed assets inventory?

fixed asset inventory means the inventory of all fixed assets in business used to generate revenue of business.


Where does revenue comes from?

The revenue source depends on what product or service a certain business offers to the public community. As they continue to sell products and render service to clients that paid for it, they generate revenue from their patrons and use that revenue to improve their product and services - to gain more revenue in the next few days or months of their business on their target industry.


What revenue measures how effectively a firm manages assets to generate revenue?

_____ measure how effectively a firm manages assets to generate revenue.


How do investment bank generate revenue?

Investment banks generate revenue for the financial services they provide to their customers by means of fee, commission, brokerage etc. for every service a customer gets out of an investment bank, he/she is charged a fee based on the type of service and the amount that is being transacted. So the more customers they have and more business they make, the more revenue they generate.


What is the amount of the fixed asset?

Fixed assets are those assets which are available in business to generate economic revenue in business for more than one fiscal year.