The revenue effect of growth is calculated by multiplying the difference in units sold (current year minus the previous year)by ________.
A)selling price in the current year
B)selling price in the previous year
C)gross profit in the previous year
D)gross profit in the current year

Question

Quizplus · Accepted Answer

The revenue effect of growth is calculated by multiplying the difference in units sold by the selling price in the previous year to isolate the effect of increased sales volume on revenue.

The Revenue Effect of Growth Is Calculated by Multiplying the Difference