What is the calculation for revenue (formula)

Revenue=Fixed cost x Variable cost.

Revenue= Fixed cost / Variable cost.

Test

Short assessment revenue, cost and profit

sara colaj 6 preguntas 4,7 (3 valoraciones)

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1Income earned by a business over a period of time.https://www.goconqr.com/assets/icons/trash-ellipse.png
1. ARevenue
2. BProfit
3. CItems
4. DCashflow
2Were do businesses earn most of there income from?
1. ASelling products to customers.
2. BPaying employees.
3What is the calculation for revenue (formula)
1. ARevenue= Quantity x Price.
2. BRevenue=Fixed cost x Variable cost.
3. CRevenue= Quantity / Price.
4. DRevenue= Fixed cost / Variable cost.
4Variable costs are costs that will increase as the firm expands.
1. ATrue
2. BFalse
5Variable costs are costs that will decrease as the firm expands.
1. ATrue
2. BFalse
6Fixed costs are only fixed over a _____________________ - an expanding firm's fixed costs will go up.
1. AShort period of time.
2. BLong period of time.