How is net sales revenue calculated

Assignment Help Mechanical Engineering
Reference no: EM131261087

1. How is net sales revenue calculated?

2. Why might users of financial statements prefer the separate disclosure of gross sales revenue and sales returns and allowances to the disclosure of a single net sales revenue amount?

3. Why are sales discounts offered?

4. What are sales returns?

Reference no: EM131261087

Questions Cloud

When is revenue generally considered earned : What four criteria has the SEC issued as further guidance for revenue recognition?
How would you define bureaucracy as it exists today : How would you define bureaucracy as it exists today? Do you think there are roles that are more valued than others? If so what are they? Explain in your own words what prejudice and discrimination mean to you.
What is the average number of prescriptions in the queue : What is the average number of prescriptions in the queue?  -  How long will the average prescription spend in the queue?
Describe the process of performing a risk assessment : Analyze the term "risk appetite". Then, suggest at least one (1) practical example in which it applies. Recommend the key method(s) for determining the risk appetite of the company. Describe the process of performing a risk assessment.
How is net sales revenue calculated : Why might users of financial statements prefer the separate disclosure of gross sales revenue and sales returns and allowances to the disclosure of a single net sales revenue amount?
Creating an effective business presentation : Creating an Effective Business Presentation For this assignment, you will demonstrate an understanding of creating effective presentations by putting yourself in the place of an IT manager whose company is seeking to be included in an IT/business ..
How do sales allowances differ from sales discounts : What are trade discounts and quantity discounts? From an accounting viewpoint, how does the effect of trade and quantity discounts on selling (or invoice) price differ from the effect of sales discounts?
Contrast waterfall and agile methodologies : Describe the waterfall methodology and identify its relationship to the PMBOK® process groups. Describe the agile methodology and identify its relationship to the PMBOK® process groups. Contrast waterfall and agile methodologies.
Five competitive forces that shape strategy : In the video The Five Competitive Forces That Shape Strategy, Michael E. Porter explains that competition from rivals is only one of five forces that shape industry competition.

Reviews

Write a Review

Mechanical Engineering Questions & Answers

  A thermopane window consists of two pieces of glass k 078

a thermopane window consists of two pieces of glass k 0.78 wmk 7 mm thick that enclose an air space k 0.026 wmk 7 mm

  Determine the work per unit mas of air for an adiabatic

air as an ideal gas is compressed from a state where the pressure is 0.1 mpa and the temperature is 27o to a state

  If the duct surface temperature is maintained constant at

air at 1 atm and 300 k with a flow rate of 0.2 kgs enters a rectangular 10-by-20-cm duct that is 250 cm long. if the

  Derive the material balance equation

Derive the material balance equation for a tank with rigid and incompressible fluids for the following conditions...The tank is initially full of oil at Pi some oil is bled off to reduce the pressure to P1 the oil removed from the tank is collected a..

  Determine the maximum volume flow rate

Determine the maximum volume flow rate for which flow in the tubing will remain laminar. Estimate the water level in the tank below which flow will be laminar

  How much energy is required to accelerate

How much energy (kJ) is required to accelerate a 1500 kg passenger vehicle from rest to highway speed (110 km/hr)? If it takes fifteen seconds to accelerate the vehicle, what is the average power (kW)?

  What is the conversion resolution code width when the

a 4-bit ad converter is applied to convert a bipolar signal -5v to 5v. what is the conversion resolution? code width?

  What are the corresponding values of tensile strength yield

a cylindrical steel rod 0.5 in diameter is cold worked to reduce the area. the new diameters in 3 cases are 0.43in

  Assume that the cold air standard assumptions applies

The pressure and temperature at the beginning of compression in a Diesel cycle are 100 kPa and 300 K, respectively. At the end of the heat addition, the pressure is 5 MPa and the temperature is 2500 K.

  A closed system consists of an ideal gas

A closed system consists of an ideal gas with constant specific heats that remain constant. The gas undergoes a process in which the temperature increases from T1 to T2.

  Find the temperature of the sample at its tip

The base of the holders is 0?C and you must find the temperature of the sample at its tip.

  What is the kolmogorov complexity

What is the Kolmogorov complexity K(M(n)) (approximately)? What is K(S(n)) (approximately)? Which is larger (M(n) or S(n))? Give a reasonable lower bound on M(n) and a reasonable upper bound on S(n).

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd