Net sales is calculated by A: subtracting cost of sales from sales. B: subtracting sales returns and sales discounts from sales. C: subtracting sales returns, cost of sales, and sales discounts from sales. D: subtracting gross profit from sales.
Net sales is calculated by A: subtracting cost of sales from sales. B: subtracting sales returns and sales discounts from sales. C: subtracting sales returns, cost of sales, and sales discounts from sales. D: subtracting gross profit from sales.
Sales fell on 1999 and rose again to reach the 1998 sales.
Sales fell on 1999 and rose again to reach the 1998 sales.
The percentage of sales method A: is a method of financial planning based on the projected sales. B: separates accounts that vary with sales and those that do not vary with sales. C: allows the analyst to calculate how much financing the firm will need to support the predicted sales level. D: All of the choices.
The percentage of sales method A: is a method of financial planning based on the projected sales. B: separates accounts that vary with sales and those that do not vary with sales. C: allows the analyst to calculate how much financing the firm will need to support the predicted sales level. D: All of the choices.
The sales journal is used for recording: A: Credit purchases. B: Credit sales. C: Cash sales. D: Cash purchases. E: Cash receipts.
The sales journal is used for recording: A: Credit purchases. B: Credit sales. C: Cash sales. D: Cash purchases. E: Cash receipts.
A business usually has a mark-up of 20% on cost of sales. During a year, its sales were $90000. What was cost of sales?
A business usually has a mark-up of 20% on cost of sales. During a year, its sales were $90000. What was cost of sales?
_________, the sales manager began his report with the statistics of last month’s sales.
_________, the sales manager began his report with the statistics of last month’s sales.
Which of the following statements are correct？（ ） A: An organisation can implement sales promotion strategies to smooth demand. B: An organisation can implement sales promotion strategies to offer extra value to retailers in a bid to increase sales. C: An organisation can implement sales promotion strategies to offer extra value to consumers in a bid to increase sales. D: An organisation can implement sales promotion strategies to offer extra value to salespeople in a bid to increase sales.
Which of the following statements are correct？（ ） A: An organisation can implement sales promotion strategies to smooth demand. B: An organisation can implement sales promotion strategies to offer extra value to retailers in a bid to increase sales. C: An organisation can implement sales promotion strategies to offer extra value to consumers in a bid to increase sales. D: An organisation can implement sales promotion strategies to offer extra value to salespeople in a bid to increase sales.
4 Complete the sentences on the right. The meaning must stay the same. ► There has been a sharp fall in sales. Sales have fallen sharply. 1 There was significant growth in sales. Sales ________. 2 There was a gradual rise in the price. The price ________. 3 There was a slight fall in profits. Profits ________. 4 There has been stability in costs. Costs have remained ________. 5 There has been a steady rise in sales. Sales have ________.
4 Complete the sentences on the right. The meaning must stay the same. ► There has been a sharp fall in sales. Sales have fallen sharply. 1 There was significant growth in sales. Sales ________. 2 There was a gradual rise in the price. The price ________. 3 There was a slight fall in profits. Profits ________. 4 There has been stability in costs. Costs have remained ________. 5 There has been a steady rise in sales. Sales have ________.
Cash collections from customers include thecurrent month’s cash sales plus collections on credit sales.
Cash collections from customers include thecurrent month’s cash sales plus collections on credit sales.
A business usually has a mark-up of 25% on cost of sales. During a year, its sales were $80,000. What was cost of sales? A: $64,000 B: $60,000 C: $20,000 D: $18,000
A business usually has a mark-up of 25% on cost of sales. During a year, its sales were $80,000. What was cost of sales? A: $64,000 B: $60,000 C: $20,000 D: $18,000