describe the factors that drive sales and revenue: Income Advertising Preferences Pricing

Q: In generating a pro forma balance sheet, on what is the percentage of salesmethod based?

A: Balance Sheet is one of the financial statements that summarize the assets, the liabilities, and the…

Q: Calculate the gross profit and the sales figures using the income statement approach.

A: Income statement approach refers to the approach which is used to determine the gross profit and it…

Q: Describe the difference between the units sold approach to cvp analysis and the sales revenue…

A: Sales can be defined as the source of earning to the business entity out of the sale of inventory…

Q: Explain the way sales returns reflect financial statements

A: When a company makes sales, it records the sales in its books of accounts as per the accounting…

Q: Required:  By reference to the data in the problem set, discuss the meanings of upstream sales…

A: The question is asking to explain the concepts of upstream and downstream sales and their relevance…

Q: How is the profit margin on sales calculated?

A: Profit margin on sale: it's categorized under profitability ratio , generally this ratio is used to…

Q: Explain an example how to record sales revenue.

A: Sales revenue is the revenue from the sales generated by the company. The sales may be either cash…

Q: Define Sales revenue.

A:

Q: Which numbers do I need to use to compute the sales

A: Sales is the dollar value received by selling any number of units.

Q: How to get or compute the gross sales

A: Gross sales is presented in income statement.

Q: How you relate the differential cost with management of revenue in management accounting.

A: Management Accounting is a type of accounting which is used within the company for the purpose of…

Q: How to calculate gross margin and gross sales

A: Sales means the amount recorded in books as revenue earned by selling the goods or services. Account…

Q: 0 Required Information [The following information applies to the questions displayed below] Ramos…

A: Cost of goods sold = Cost of goods sold for cash + Cost of goods sold on account - goods returned…

Q: Explain the drawing 21% Financails 50% Sales Expenes

A: Pie chart refers to the diagram which comprises of the circle and it is divided into the parts in…

Q: 1. $ 2. AWN - 3. Sales Revenue Variable Expenses 4. 415,000 $ 150,000 336,000 55,000 83,000 117,000…

A: The break even sales are calculated as fixed costs divided by contribution Margin Ratio. The…

Q: .Calculate the trends in the sales and cost of sales and comment on the information disclosed by…

A: Trend analysis is the analysis which is used by the company in order to anticipate and made an…

Q: Francis Company Net Sales Revenue Cost of Sales Interest Expense Net Income after tax Accounts…

A: Net Sales = Sales Revenue - Sales Returns - Sales Discounts

Q: Briefly explain the accounting treatment for sales returns.

A:

Q: Customer relationship management software would be most likely to affect which income statement…

A: The income statement is prepared at the end of the accounting period to show the result of…

Q: Define the term income summary.

A: Closing entries: Closing entries are those journal entries which are passed to transfer the balances…

Q: How to calculate net sales revenue and net purchases

A: The income statement is one of the financial statements of the business which is prepared to know…

Q: Compute the gross margin for FIFO method and LIF0 method. FIFO: LIFO: Sales revenue Less: Cost of…

A: Sales revenue has to be calculated by multiplying units sold (785 units) to the retail rate…

Q: How to get or compute the Net sales?

A: Net sales can be calculated by deducting sales returns and sales discounts.