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Given Only the Following Information,how Much Revenue Would P Ltd

question 10

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Given only the following information,how much revenue would P Ltd recognise in April 2016? (i) Received a deposit in April from a client for $80 000 for work to be carried out during May.
(ii) Credit sales of $150 000 in April,only $50 000 to be collected in April.
(iii) Collected $20 000 in April from customers for March sales.
(iv) Sold client goods valued at $30 000 on last day of April,will invoice client in early May.
(v) Signed contract to deliver client goods valued at $40 000 in May.


Definitions:

Promotion Element

Components of the promotional mix used by companies to communicate product benefits and persuade customers, including advertising, sales promotion, public relations, and personal selling.

Value Proposition

A statement or concept that explains how a product, service, or brand satisfies a customer's needs or desires, distinguishing it from competitors.

Variety of Media

The use of multiple types of communication channels (like TV, internet, radio) for advertising or sharing information.

Career Services

University or college departments that help students and alumni with career development and job search.

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