Which of the Following Is an Example of Revenue

question 21

Multiple Choice

Which of the following is an example of revenue?

• A)Cash received as a result of a bank loan
• B)Cash received from investors from the sale of common stock
• C)Cash received from customers at the time services were provided
• D)Cash received from the sale of land for its original selling price

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Definitions:

Average Income

The mean amount of money earned over a specified period by an individual or entity.

Operations

The day-to-day activities involved in running a business or manufacturing process, focusing on efficiency and effectiveness.

Payback Period

The length of time it takes for an investment to generate an amount of income or cash equal to the cost of the investment.

Salvage Value

The projected sale price of an asset after its period of utility has concluded.