What amount should be reported as sales revenue including the revenue earned from points for 2020? 2. What is the revenue earned from loyalty points for 2021?

Q: How to complete the personal balance and calculate the net worth?

A: Calculation of Net worth and Personal balance.

Q: What formula is used to determine net profit

A: Net profit is the actual income earned by an organization after paying all the expenses. It is…

Q: What is comprehensive income, and what does it include?

A:

Q: How do I determine net income

A: Net Income/Loss earned during a particular period is computed by drawing the statement of Income for…

Q: variables cost

A: Variable cost is the cost that change according to sale or production volume.

Q: can you now calculate the gross profit ?

A: Gross profit can be defined as the net sales revenue earned by business over a particular period of…

Q: How did they get the income summary?

A: Lets understand the basics. Income summary is summary which reflects the all the revenue and expense…

Q: 3. What is the compensation expense in 2021?

A: Compensation Expense= Compensation Expense are Expenses made in exchange for services rendered…

Q: Classify method of comparing economic worth as a ranking method or as an incremental method. a. CW…

A: There are various methods that are used to compare investment alternatives on the basis of maximum…

Q: what are contrast economic concepts of income from reported income?

A: As per the income statement, the reported income refers to the income left after subtracting the…

Q: What is the annual profit?

A: The cost-volume profit analysis deals with the cost of the product and the profit generated with the…

Q: how do you do paycheck calculations

A: Paycheck means the payment of the salary or wage to employee. A paycheck is a traditional document…

Q: n computing for the comprehensive income, the revaluation surplus will be deducted from the net inco

A: Solution Concept Revaluation surplus The term revaluation surplus means when the fair value of the…

Q: How should the financial statement user explain the reference to revenue growth?

A: When explaining revenue growth in a financial statement, the user should consider the following…

Q: Which of the following methods consider the time value of money? A. payback and accounting rate of…

A: Time Value of Money The time value of money is the concept that money you have now is worth more…

Q: What are some possible financial decisions in which using the Rate formula might be helpful

A: An interest rate, denoted r, is a rate of return that reflects the relationship between differently…

Q: Definition of income measurement?

A: The income statement is one of the financial statement of the business.

Q: How do you determine net income applying the accrual accounting model?

A: Accrual Accounting Model:This method is a widely used basis of accounting that suggests the timing…

Q: By what name does Target label its income statement?

A:

Q: what the difference between accounting income and economic income?

A: Accounting income can be defined as an estimate of the performance in the operations of the company.…

Q: A net present worth equation is used to solve for a ROR by setting the net present worth equation…

A: ROR or rate of return of project also known as internal rate of return of project is the interest…

Q: What is gross profit? How do you calculate it?

A: Gross margin (gross profit): Gross margin is the amount of revenue earned from goods sold over the…

Q: Explain Growing Income through Provision of Services?

A: Commercial activity between a service provider and the client as the initial agreement is called the…

Q: Why is the income statement called a dynamic financial statement?

A: Income statement is that financial statement that shows the different income as well as expenditures…

Q: What is income approach measurement?

A: Step 1 The income approach is a real estate valuation tool that determines fair market value based…

Q: Explain how to report various income items.

A: Introduction Income/Revenue is the money received from business/profession/service. There are many…

Q: what is the net income? or how do I find it?

A: Net income is the difference between the revenue and expenses for the period. Dividends is not an…

Q: How can we calculate the net annual sponsor's costs?

A: Sponsorship cost:   It refers to the cost of supporting an event or economic activity for an agent…

Q: How is Profit Margin calculated and what does It measure?

A: Note: Since you have asked multiple questions, we will solve the first question. To get the…

Q: It is the net after tax ratio with sales revenues?

A: Sales revenue is the revenue which has been earned by the company for the selling of the products or…

Q: Discuss the relationship among consumer savings, purchasing power, and inflation.

A: There is a relationship between the pace of inflation and the amount of money that people are able…