________measures that degree to which the revenue from selling products exceeded the cost of the materials used to produce them.
举一反三
- Which statement is true? A: The Sales account is used to record only sales on account. B: Gross profit is the excess of sales revenue over cost of goods sold. C: A service company purchases products from suppliers and then sells them. D: Purchase returns and allowances increase the net amount of purchases.
- Which type of profit maximizing firm will choose to produce where marginal revenue equals marginal cost?
- Revenue Management attempts to maximize revenue from selling all available rooms.
- Which may not be the purpose of a consumer? A: To satisfy his wants and needs. B: To make money by selling the products. C: To make money by using the products to produce other products. D: To make sure the products are valuable.
- Which words belong to the materials of describing products?