Selling price is multiplied to quantity of sold units to calculate
A. revenues
B. sold quantity
C. sold price
D. bulk price
Answer: Option A
Solution(By Examveda Team)
Selling price is multiplied to quantity of sold units to calculate revenues. Revenue is the income generated from normal business operations and includes discounts and deductions for returned merchandise. It is the top line or gross income figure from which costs are subtracted to determine net income.This Question Belongs to Management >> Management Accounting
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