Answer Posted / triloksharma71
For a company, this is the total amount of money received
by the company for goods sold or services provided during a
certain time period. It also includes all net sales,
exchange of assets; interest and any other increase in
owner's equity and is calculated before any expenses are
subtracted. Net income can be calculated by subtracting
expenses from revenue. In terms of reporting revenue in a
company's financial statements, different companies
consider revenue to be received, or "recognized", different
ways. For example, revenue could be recognized when a deal
is signed, when the money is received, when the services
are provided, or at other times. There are rules specifying
when revenue should be recognized in different situations
for companies using different accounting methods, such as
cash basis and accrual basis.
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Country-Western songs emphasize three basic themes: love, prison and trucks. A survey or the local Country-Western radio station produced the following data: 12 songs about a truck driver who is in love while in prison 2 about people in prison who are not in love and do not drive trucks 8 about people who are out of prison, are not in love, and do not drive a truck 13 about a prisoner in love 28 about a person in love 18 about a truck driver in love 16 about truck drivers who are not in prison 3 about a truck driver in prison who is not in love Find the number of songs about: a) How many songs were surveyed? b) truck drivers? c) prisoners? d) truck drivers in prison? e) people not in prison? f) people not in love?
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