Question
Smart Office Systems Inc, (SOSI) a manufacturer of office equipment, in 2017, one of its best years, SOSI sold 1 comma 200 comma 000 units
Smart Office Systems Inc, (SOSI) a manufacturer of office equipment, in 2017, one of its best years, SOSI sold 1 comma 200 comma 000 units of its YAZ1 calculator for $ 24 each. In 2016, it sold 1 comma 110 comma 000 of that same unit for $ 23.25 each. The cost of the calculator was $ 16 and $ 15.00 for 2017 and 2016 respectively. Using the data from 2017 and 2016, what was SOSI's revenue effect of growth?
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
11th Edition
0471448966, 978-0471448969
