Q)What is depreciation: a. Allocation of a cost to its use in revenue generation b. Rate...
Q)What is depreciation:
a. Allocation of a cost to its use in revenue generation
b. Rate at which an investment is made.
c. Increase or decrease in the market value of an asset
Q) EBIT is also known as:
a. Gross Profit
b. Gross Margin
c. Net Profit
d. NOPAT
e. Operating Profit
Homework Answers
Solution Q1:
Depreciation is allocation of a cost to its use in revenue generation.
Hence option a is correct.
Solution Q2:
EBIT is also known as operating profit.
Hence option e is correct.
Add Answer to:
Q)What is depreciation:
a. Allocation of a cost to its use in revenue generation
b. Rate...
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please read questions because its third time no one can help
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please read questions because its third time no one can help
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In an effort to increase sales, Marvin's Market has decided to increase it 2018 advertising expenses by 20%. According to Marvin's projections, this will lead to a 12% increase in gross revenue, a 10% increase in returns, an 8% increase in cost of goods sold, and 10% increases in overhead expenses and inventory losses. Given these assumptions and Marvin's 2017 profit and loss statement: Marvin's Market Profit and Loss Statement 2017 $550,987 $45,098 $505,889 $307,888 $198,001 Sale Activities Gross Revenue...
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