500%
A labor ratio is the percentage of labor spent vs the amount of revenue earned. A labor ratio is the percentage of labor spent vs the amount of revenue earned.
A non favourable variance Eg: adverse revenue means the company earned less revenue than expected.
Yes, it is.
This answer is False!!
It depends on what you're trying to calculate a percentage for. On a homework, test, or other scholastic assignment it would be:Total Points Earned ÷ Total Points Possible.Example: 45 points earned on a test totaling 50 points. 45 ÷ 50 = .90 or 90%
60%
A labor ratio is the percentage of labor spent vs the amount of revenue earned. A labor ratio is the percentage of labor spent vs the amount of revenue earned.
Unearned revenue account is classified as current liability as it is the revenue not yet earned by business.
when the service is performed
It is one type of lease where the tenant pays a base rent plus a percentage of any revenue earned while doing business on the rental premises.It is the term used in commercial real estate.
Revenue is how much is earned, like in a business. As Excel deals with numbers, then calculating revenue is something that is regularly done in Excel.
Operating revenue is that revenue which is earned by basic operating activity of business while non operating profit is earned from other activities like purchases of marketable securities etc.
Yes, Unearned revenue has credit balance and it is liability for business until it is actually earned.
Yes, deferred revenue is a current liability. It means that the revenue has yet to be earned, therefore it is still owed to the business or company.
debit cash / bank / accounts receivablecredit revenue account
valuation
Unearned services revenue is that part of revenue which is not yet earned and as it is not yet earned then it is liability for business and hence like all other liabilities it has credit balance as normal default balance.