i am preparing projected income statement and I need the sales revenue for one of the previous years, but the company have not income statement posted for this year, but profit and lost account where appear only the turnover.
Can I determine somehow the revenue, having got the turnover.
Cash sales—$125,000
Credit sales—$120,000
Accounts receivable, beginning—$145,000
Accounts receivable, ending—$135,000
9. What amount of sales revenue was shown on the income statement?
A. $120,000 C. $245,000
B. $125,000 D. $255,000
Use the following information to answer questions 10 and 11...
Microsoft will eliminate up to 5,000 jobs in R&D, marketing, sales, finance, legal, HR, and IT over the next 18 months, including 1,400 jobs now.</img>
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Microsoft will eliminate up to 5,000 jobs in R&D, marketing, sales, finance, legal, HR, and IT over the next 18 months, including 1,400 jobs now.</img>
</img> </img> </img> </img> </img>
Microsoft will eliminate up to 5,000 jobs in R&D, marketing, sales, finance, legal, HR, and IT over the next 18 months, including 1,400 jobs now. </img>
</img> </img> </img> </img> </img>