Special Meanings of Terms A news story described the disappointing sales of a new model car, the
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Special Meanings of Terms A news story described the disappointing sales of a new model car, the Nova. An auto dealer said: "Even if the Nova is a little slow to move out of dealerships, it is more of a plus than a minus.... We're now selling 14 more cars per month than before. That's revenue. That's the bottom line." Is the dealer confused about accounting terms? Explain.
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Introduction To Financial Accounting
ISBN: 0131479725
9th Edition
Authors: Charles T Horngren, John A Elliott
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