1) Which term means “the amount of money which a business obtains (in a year) from customers by selling goods or services”?
A: Annual income
B: operation profit
C: annual turnover
D: net profit
A: Annual income
B: operation profit
C: annual turnover
D: net profit
举一反三
- 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
- The price of the goods sold and services rendered during a given A: Net<br/>income B: Profit C: Revenue D: Equity
- In order to convert the average annual net cash inflow from the asset back to the average annual operating income from the asset, one must ( ) A: subtract annual depreciation expense B: add annual depreciation expense C: multiply by annual depreciation expense D: divide by annual depreciation expense
- Bottom line is an informal term for ______. A: top line B: net income C: total revenue D: gross profit
- Among the following ratios, which is used for efficiency analysis? A: quick ratio B: accounts receivable turnover C: debt-to-equity ratio D: net profit ratio