• 2022-06-06
    The price of the goods sold and services rendered during a given
    A: Net
    income
    B: Profit
    C: Revenue
    D: Equity
  • C

    内容

    • 0

      The total amount of money that businesses take in by selling goods and services is called ________. A: profit B: revenue C: loss D: retained earnings

    • 1

      The market-to-book ratio is measured as: A: total equity divided by total assets. B: net income times market price per share of stock. C: net income divided by market price per share of stock. D: market price per share of stock divided by earnings per share. E: market value of equity per share divided by book value of equity per share.

    • 2

      t__________ the value of goods and services that a company sells during a given period of time

    • 3

      In a firm, if the net sales are 200 million dollars, the cost of goods sold is 50 million dollars, what is the gross profit?

    • 4

      For the adjusting accounts for fixing revenue like the following entry:Unearned Fixed Revenue……2000Fixed Revenue ……………2000NOT making the adjustment would __________ revenue and net income by $2000 in the income statement and ________ unearned revenue and ______ equity by $2000 in the balance sheet. A: understate, understate, understate B: understate, overstate , overstate C: overstate, overstate, overstate D: understate, overstate, understate