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mchico mchico
wrote...
Posts: 319
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6 years ago
The primary source of money, both cash and credit, flowing into the business from its customers for goods sold or services rendered over a period of time is called revenues.
  Indicate whether the statement is true or false

Q. 2

Kyle reduced his investment in Collins Company from 11,700 to 4,300. What was the percentage rate of decrease? (Round to the nearest tenth of a percent)

Q. 3

The income statement is created by calculating the Revenue minus the expenses to determine a net income or net loss.
  Indicate whether the statement is true or false

Q. 4

Joe Morris earned 27,750 last year. He received a raise this year, and earned 29,450. What was the percentage rate of his increase? (Round to the nearest tenth of a percent)
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itskariibitskariib
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6 years ago
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mchico Author
wrote...
6 years ago
I know this sounds cliche, but I was thinking the same thing for each of these. Thanks for confirming Slight Smile
wrote...
6 years ago
I'm sure Wink Face Thanks for your honesty
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