Revenue

Dr. Paz, Home Depot was enjoying the early years of the 21st century when the United States housing market was booming. However, due to the slow down in the real estate market in 2006, they announced that revenues for the first half of 2007 were 3 percent lower than revenues for the first six months of 2006. In addition, their earnings for the first half of 2007 were 21 percent lower than for the same period in the prior year. I will explain how a 3 percent decline in sales could cause a 21…

account is used to Close the revenue and expense accounts. The income summary account is a transitional account into which all income statement revenue and expense accounts are transferred at the end of an accounting period. The net amount transferred into the income summary account equals the net profit or loss that the business incurred during the period. Thus, shifting revenue out of the income statement means debiting the revenue account for the total amount of revenue recorded in the…

Investment As a potential franchise investor, there are a several pieces of financial information, key in deciding which franchise is the right investment. As provided by Entrepreneur magazine, the below table provides the essential financial investment information for Planet Fitness and Snap Fitness respectively (see Table 3): Table 3: Franchise Investment Comparison Planet Fitness Snap Fitness Total Investment $728,290 - $3,777,800 $109,525 - $285,620 Franchise Fee $10,000 $25,000 Ongoing…

total profit margin is the net income/revenue. Therefore the answer is 57,881/3,269,404 = 0.0177. This compared to Best Care of 0.0456 shows that their profit margin is not as high as Best Care. d.) Before tax profit margin = 0.0272. I feel that this would be better because it literally measures the expense associated with…

present consumption. Profit is a benefit that is realized when the amount of revenue gained from a business activity goes beyond the expenses, costs and taxes needed to keep the activity. Any profit gained goes to the owners, and they can decide where to spend it. A company may have large amount of earnings but have very little profit. It is calculated: Profit = Total Revenue – Total Expenses Profit before tax (PBT) is a profitability measure…

Profit is the amount whereby it is calculated with the formula, revenue minus expenses in a business (Appendix 3). The owner will obtain profit when the total revenue exceeded the total of expenses. What is a revenue? Revenue is an amount that the owner earned during the business period. For example, when the owner rents out one of his or her shoplot to others for business purposes, the owner will receive rental fee from them as a revenue which means profit. This means that the owner will…

sales since 2013 which was roughly 20% of the total retail pharmacy sales in the US in 2013. Walgreen saw a substantial growth in both their total revenue from net sales net sales increase by $27,052 million and Sales were $6.48 billion for FY 2015, an increase of 9.4%. Since 2000, the total revenue for Walgreen has tripled and their prescription drug revenue has nearly quadrupled. The company operating income increase by $474 million FY…

analyze the given information thoroughly and completely. The information was analyzed to provide results that are most important to consider in investing decisions. Revenues Best Buy recognizes revenue from six categories: consumer electronics, computing and mobile phones, entertainment, appliances, services and other. Their revenue arises primarily…

correspondence. The monitoring was selective. Google did not survey through corporate Gmail rather just basic Gmail accounts. Corporate users own their information, so forth, Google has no right or responsibility to look through it. Google does not need the revenues from the advertising to be successful. Google will continue to use ads, although, these ads will not be as targeted to specific groups and consumers. In the companies future business and endeavors, they will use…

facility such as the kitchen and dining room would add an additional stream of revenue and would help to offset the additional costs. In my opinion is it unrealistic for the resort to be at 100% capacity on a regular basis. Therefore, if we look at realistic numbers using historical Coral Reef Resort data, we can reasonably predict a 90% capacity in the high season - an improvement over the current 70%. The revenue generated from this increase is approximately $100,000. Another factor to…