Homework (HT2.3- Sales Revenue)

Which of the following is a factor that can affect sales revenue?

• The colour of the product

• The price of the product

• The weight of the product

• The temperature of the room

How is sales revenue calculated?

• Sales Revenue = Number of Units Sold + Cost per Unit

• Sales Revenue = Number of Units Sold - Cost per Unit

• Sales Revenue = Number of Units Sold × Price per Unit

• Sales Revenue = Number of Units Sold ÷ Price per Unit

What is the impact of offering a discount on sales revenue?

• It increases sales revenue

• It decreases sales revenue

• It has no effect on sales revenue

• It doubles the sales revenue

Which of the following best describes the relationship between sales revenue and profit?

• Sales revenue is always equal to profit

• Sales revenue is always greater than profit

• Sales revenue is the total income before expenses, while profit is the income after expenses

• Sales revenue is the total income after expenses, while profit is the income before expenses

If a company sells 100 units of a product at £5 per unit, what is the sales revenue?

• £100

• £500

• £50

• £5

Which of the following is NOT a factor affecting sales revenue?

• Consumer preferences

• Competitor pricing

• The company's logo design

• Economic conditions

If a product is originally priced at £20 and a 10% discount is applied, what is the new sales revenue for selling 50 units?

• £900

• £1,000

• £1,100

• £1,200

What happens to sales revenue if the price per unit is increased, assuming the number of units sold remains constant?

• Sales revenue decreases

• Sales revenue remains the same

• Sales revenue increases

• Sales revenue becomes zero

Which of the following equations represents the calculation of sales revenue?

• Sales Revenue = \frac{Total Costs}{Number of Units Sold}

• Sales Revenue = Total Costs + Profit

• Sales Revenue = Number of Units Sold \times Price per Unit

• Sales Revenue = Total Costs - Profit

If a company sells 200 units at £15 each and incurs £1,000 in expenses, what is the profit?

• £2,000

• £3,000

• £1,000

• £4,000