Sales: Sales mean the revenue that a company generates from selling its product after deducting the amount of sales allowance, sales return and sales discount. Sale trend percentage in year 2015.

Question

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Answer 1

Question

Chapter 13, Problem 1MCQ

To determine

Sales:

Sales mean the revenue that a company generates from selling its product after deducting the amount of sales allowance, sales return and sales discount.

Sale trend percentage in year 2015.

Expert Solution & Answer

Explanation of Solution

‘Option a’ is correct answer.

Given,

Sale of the 2014 is $300,000.

Sale of the 2015 is $351,000.

Formula to compute the sale trend percentage of 2015,

$Sale trend percentage of 2015 = \frac{Sales of 2015}{Sales of 2014} \times 100$

Substitute $300,000 for sale of 2014 and $351,000 for sale of 2015.

$\begin{matrix} Sale trend percentage = \frac{$ 351, 000}{$ 300, 000} \times 100 \\ = 117 % \end{matrix}$

Hence, sales trend percentage of 2015 is 117%.

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Answer 2

Question

Chapter 13, Problem 1MCQ

To determine

Sales:

Sales mean the revenue that a company generates from selling its product after deducting the amount of sales allowance, sales return and sales discount.

Sale trend percentage in year 2015.

Expert Solution & Answer

Explanation of Solution

‘Option a’ is correct answer.

Given,

Sale of the 2014 is $300,000.

Sale of the 2015 is $351,000.

Formula to compute the sale trend percentage of 2015,

$Sale trend percentage of 2015 = \frac{Sales of 2015}{Sales of 2014} \times 100$

Substitute $300,000 for sale of 2014 and $351,000 for sale of 2015.

$\begin{matrix} Sale trend percentage = \frac{$ 351, 000}{$ 300, 000} \times 100 \\ = 117 % \end{matrix}$

Hence, sales trend percentage of 2015 is 117%.

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Answer 3

Question

Chapter 13, Problem 1MCQ

To determine

Sales:

Sales mean the revenue that a company generates from selling its product after deducting the amount of sales allowance, sales return and sales discount.

Sale trend percentage in year 2015.

Expert Solution & Answer

Explanation of Solution

‘Option a’ is correct answer.

Given,

Sale of the 2014 is $300,000.

Sale of the 2015 is $351,000.

Formula to compute the sale trend percentage of 2015,

$Sale trend percentage of 2015 = \frac{Sales of 2015}{Sales of 2014} \times 100$

Substitute $300,000 for sale of 2014 and $351,000 for sale of 2015.

$\begin{matrix} Sale trend percentage = \frac{$ 351, 000}{$ 300, 000} \times 100 \\ = 117 % \end{matrix}$

Hence, sales trend percentage of 2015 is 117%.

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Answer 4

Question

Chapter 13, Problem 1MCQ

To determine

Sales:

Sales mean the revenue that a company generates from selling its product after deducting the amount of sales allowance, sales return and sales discount.

Sale trend percentage in year 2015.

Expert Solution & Answer

Explanation of Solution

‘Option a’ is correct answer.

Given,

Sale of the 2014 is $300,000.

Sale of the 2015 is $351,000.

Formula to compute the sale trend percentage of 2015,

$Sale trend percentage of 2015 = \frac{Sales of 2015}{Sales of 2014} \times 100$

Substitute $300,000 for sale of 2014 and $351,000 for sale of 2015.

$\begin{matrix} Sale trend percentage = \frac{$ 351, 000}{$ 300, 000} \times 100 \\ = 117 % \end{matrix}$

Hence, sales trend percentage of 2015 is 117%.

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Answer 5

Chapter 13, Problem 1MCQ

To determine

Sales:

Sales mean the revenue that a company generates from selling its product after deducting the amount of sales allowance, sales return and sales discount.

Sale trend percentage in year 2015.

Expert Solution & Answer

Explanation of Solution

‘Option a’ is correct answer.

Given,

Sale of the 2014 is $300,000.

Sale of the 2015 is $351,000.

Formula to compute the sale trend percentage of 2015,

$Sale trend percentage of 2015 = \frac{Sales of 2015}{Sales of 2014} \times 100$

Substitute $300,000 for sale of 2014 and $351,000 for sale of 2015.

$\begin{matrix} Sale trend percentage = \frac{$ 351, 000}{$ 300, 000} \times 100 \\ = 117 % \end{matrix}$

Hence, sales trend percentage of 2015 is 117%.

Answer 6

Chapter 13, Problem 1MCQ

To determine

Sales:

Sales mean the revenue that a company generates from selling its product after deducting the amount of sales allowance, sales return and sales discount.

Sale trend percentage in year 2015.

Expert Solution & Answer

Explanation of Solution

‘Option a’ is correct answer.

Given,

Sale of the 2014 is $300,000.

Sale of the 2015 is $351,000.

Formula to compute the sale trend percentage of 2015,

$Sale trend percentage of 2015 = \frac{Sales of 2015}{Sales of 2014} \times 100$

Substitute $300,000 for sale of 2014 and $351,000 for sale of 2015.

$\begin{matrix} Sale trend percentage = \frac{$ 351, 000}{$ 300, 000} \times 100 \\ = 117 % \end{matrix}$

Hence, sales trend percentage of 2015 is 117%.

Answer 7

Chapter 13, Problem 1MCQ

To determine

Sales:

Sales mean the revenue that a company generates from selling its product after deducting the amount of sales allowance, sales return and sales discount.

Sale trend percentage in year 2015.

Answer 8

Expert Solution & Answer

Explanation of Solution

‘Option a’ is correct answer.

Given,

Sale of the 2014 is $300,000.

Sale of the 2015 is $351,000.

Formula to compute the sale trend percentage of 2015,

$Sale trend percentage of 2015 = \frac{Sales of 2015}{Sales of 2014} \times 100$

Substitute $300,000 for sale of 2014 and $351,000 for sale of 2015.

$\begin{matrix} Sale trend percentage = \frac{$ 351, 000}{$ 300, 000} \times 100 \\ = 117 % \end{matrix}$

Hence, sales trend percentage of 2015 is 117%.

Answer 9

Expert Solution & Answer

Answer 10

Expert Solution & Answer

Answer 11

Ch. 13 - Prob. 1MCQ Ch. 13 - Prob. 2MCQ Ch. 13 - Prob. 3MCQ Ch. 13 - Prob. 4MCQ Ch. 13 - Prob. 5MCQ Ch. 13 - Prob. 1DQ Ch. 13 - Prob. 2DQ Ch. 13 - Prob. 3DQ Ch. 13 - Prob. 4DQ Ch. 13 - Prob. 5DQ

Sales: Sales mean the revenue that a company generates from selling its product after deducting the amount of sales allowance, sales return and sales discount. Sale trend percentage in year 2015.

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Sales:

Sales mean the revenue that a company generates from selling its product after deducting the amount of sales allowance, sales return and sales discount.

Sale trend percentage in year 2015.

Explanation of Solution

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Chapter 13 Solutions