Intro Flashcards
1
Q
Sales revuene and profit
A
Quantity or amount sold of a product or number of customers who have used service
You can say :
value of all goods / number of customers
2
Q
Sales are measured and calculate by ?
A
Volume and value
3
Q
What is volume?
A
Number or amount that of products or services sold
4
Q
What is value ?
A
Amount of money made from selling a good or service
5
Q
What is sales and revenue calculation
A
Unit sold x selling price = sales revnue