Suppose a company enjoys an increase in revenue due entirely to an increase in the price of its product. Which of the following increases as a result? Choose two
a) variable costs
b) fixed costs
c) after-tax profit
d) profits tax
e) interest expense
Answer:
c) after-tax profit
d) profits tax
Business
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Which of the following is true of net sales revenue?
A) It is calculated by subtracting cost of goods sold from sales. B) It is calculated by adding sales discounts to sales. C) It is calculated by adding sales discounts and sales returns and allowances to sales. D) It is calculated by deducting sales discounts and sales returns and allowances from sales.
Business
A narrative example:
a. is longer than a brief example b. is not necessarily longer than a paragraph c. both of the above d. none of the above
Business