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Which financial statement could be used to determine the total value of prescription drug sales for a pharmacy during the course of a year?
Suggested Answer: D
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11 comments · newest first
DO
Dortha
11 months ago
Not so sure about that... what about the statement of changes?
GW
Gwen
11 months ago
Balance sheet shows assets, not sales. Income statement is correct!
MI
Michael
12 months ago
Wait, can you really find total sales there? Seems too simple.
PA
Pamella
12 months ago
I agree, income statement is the way to go!
AR
Arlene
12 months ago
Definitely the income statement! That's where sales are recorded.
BE
Beata
1 year ago
The statement of changes in financial position sounds familiar, but I can't recall it being used for sales data. I think it’s the income statement.
MA
Martha
1 year ago
I feel like the balance sheet might have some sales info, but it’s mostly about assets and liabilities, right?
HE
Hershel
1 year ago
I remember practicing a question about financial statements, and the income statement was definitely where sales figures were listed.
CR
Crista
1 year ago
I think the income statement is the right choice since it shows revenues, but I'm not completely sure.
MA
Marlon
1 year ago
Hmm, I'm a bit confused by this question. Is the marker choice really that important? I would have thought the key thing is just getting everyone to sketch their ideas, regardless of the tools they use. But I guess the prompt is highlighting the marker choice for a reason.
RO
Roxane
1 year ago
This seems like a straightforward question about who would be the best source for discussing the operational considerations of an antivirus refresh project. I'll need to think through the key stakeholders and their roles.