the contribution margin income statement allows users to easily judge the impact of a change in ______ on profit.
The blank space has been correctly filled below:
The contribution margin income statement allows users to easily judge the impact of a change in selling price, cost, or volume on profit.The contribution margin income statement is an evaluation of a former sales period. Entrepreneurs use this procedure to determine whether they made a profit or loss during the period.
After their evaluation, they realize the operating income or net income. The contribution margin is generated using this formula,
Net product revenue - Total variable cost ÷ product revenue.
A proper understanding of the fixed and variable costs is essential to accurately calculate the contribution margin.
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Prompt
What is debt?
Answer:
debt is when you spent more money than you had
major differences between service companies and retail or manufacturing companies is that retailers and manufacturers must account for
The main difference between service companies and retail or manufacturing companies is that retailers and manufacturers must account for;
Inventory and Cost of GoodsInventory refers to the goods in stock which the business wishes to sell in order to make a profit from.
Retailers and manufacturers produce items that will be sold and these items need to be stocked somewhere till the need for them arises.
The same is not applicable to service companies because they do not have physical goods to sell.
Also, the cost of goods refers to the direct cost of producing goods. Since service companies do not produce goods, this is not accounted for.
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an uber ride is considered a ________ because of its intangible nature.
Answer: Service
Explanation: It is intangible and it is offered to you and performed by someone elese
Amelia has laid the groundwork for a fledgling business and is considering incorporating. Which of the following is a valid concern that she might have?(1 point) Please help!
Incorporated businesses are legally recognized outfits. A valid concern that Amelia will have when considering incorporating her business is;
C) The regulations will be more burdensome than in other business structures.Incorporating a business entails making the business legally recognized. This would involve lots of paper works and rules.
Incorporated businesses can sue and be sued. Therefore, they must be careful in the decisions they make. This is not the case with non-incorporated businesses.
Unincorporated businesses include sole proprietorships and partnerships. They have more freedom and are not really legally liable.
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Here are the options:
A) Acquiring financing as a corporation will be much more challenging than it is for other business structures.
B) Incorporating comes with an increase in liability compared to other business structures.
C) The regulations will be more burdensome than in other business structures.
D) The corporation will only last as long as she is able to work
Answer:
The regulations will be more burdensome than in other business structures.
Explanation:
the journal entry to record the issuance of a note for the purpose of converting an existing account payable would be
Answer: The journal entry a company uses to record the issuance of a note for the purpose of converting an existing account payable would be debit Accounts Payable; credit Notes Payable.
Explanation:
the journal entry to record the issuance of a note for the purpose of converting an existing account payable will have Accounts Payable as well as Notes Payable.
What is a journal entry?A journal entry is an act of recording any action, whether one that is economic or not. Multiple observations, which are each otherwise a debit or a positive, may be included in the diary entry.
The information necessary to record a single business arrangement is contained in a journal entry, which also includes the date, the sum to be credited , debited, a short explanation of the operation, and the accounts involved.
The entry must result in increased with in Note Payable liability as well as a reduction inside the Accounts Payable liability. Debit Account Receivables; credit Notes Payable is really the journal entry that a business use to document the issuing of a comment for the objective of transforming any existing account payable.
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Look around your room or in your house and find five different objects and identify where they were made. In at least 100 words, discuss how you have personally benefited from trade and provide at least 2 examples. Identify 1 positive impact of trade on your life and 1 way that you have been negatively impacted also.
Answer:
Throughout my home, there are many objects that were made in many different places. These objects, though they may seem pedestrian, are highly significant in their ability to help and serve. One of these objects includes my television. This trade occurred at Best Buy, where I gave $5,000 U.S dollars in turn for a continuous flow of information. I have since been positively impacted, as I am always aware of my surroundings (I.e. news) and I can keep up with the latest shows. Another example is my refrigerator. My refrigerator allows me to, once again, connect to the internet and keep in touch with those around me. This product has also impacted me, as it makes life much easier. When at the grocery, I am able to search on my phone and look inside to see what I may, or may not, need.
Explanation:
terin, the chief human resources officer for a major financial services company, has met with each of her employees to set their objectives. now, terin expects the employees to:
Given that Terin's employees have set their objectives in the company, the next thing that Terin expects from these employees would be to develop action plans.
Option D is the correct answer to this question. The action plans are sets of strategies that the employees have laid out that would help them to achieve their goals and objectives.
In order to do this, they have to make up lists of the things that they want to achieve in the firm and also list the strategies that they would employee to achieve them.
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Clickable text or images that take you to different sites on the World Wide Web are called
Attachments
Hyperlinks
Shortcuts
Navigation Buttons
Answer:hyperlinks
Explanation:
Clickable text or images that take you to different sites on the World Wide Web are called hyperlinks. Hence, Option (B) is correct.
Hyperlinks are an essential feature of the web that allows for seamless navigation and interconnectedness between web pages.
They are typically displayed as underlined or differently colored text or as clickable images.
When a user clicks on a hyperlink, it initiates an action that takes them to a different web page, whether it is within the same website or on a different website altogether.
Hyperlinks play a vital role in facilitating the exploration of information on the internet, enabling users to access related content, external references, sources, and various online resources.
Thus, hyperlinks serve as the fundamental mechanism for connecting and directing users to different sites on the World Wide Web.
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Clickable text or images that take you to different sites on the World Wide Web are called
A)Attachments
B)Hyperlinks
C)Shortcuts
D)Navigation Buttons
a retailer acquires merchandise for resale. how would this be recorded in a perpetual inventory system?
Under the gross method, when the customer pays within the discount period, which of the following accounts is not recorded in the journal entry to record the cash receipt?
The "cost of good sold" is not recorded in the journal entry to record the cash receipt.
In accounting, the Gross method refers to the method of recording a purchases at the invoice price without any deduction of cash discounts.
Under the journal entry, the purchase are recorded at the invoice amount alone without making account for any discount deduction.
Now, when a customer pays for purchase within the discount period, the accounts that are not recorded in the journal entry is "Cost of goods sold" because it is used only at the time of sales.
The account which are recorded in the journal entry includes Sales, Accounts Receivable and Cash.
Therefore, the account which is not recorded is the "Cost of goods sold".
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age-specific approximations of when a certain skill or ability should first occur in normal development are called developmental ________.
Age-specific approximations of when a certain skill or ability should first occur in normal development are called developmental "Milestone."
In this context, a Milestone is generally defined as a significant period in an individuals' life when progress or substantial advancement is made.
A Milestone could be considered to be any of the following:
Earning a college degree;Leaving parents to stay alone;Getting a job after University;Getting Married;Having a baby after marriage;Rising to the position of a CEO in a company;Retirement from work after an illustrious career, etc.Hence, in this case, it is concluded that a Milestone is an achievement or point every man should look forward to.
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Answer: milestones
Explanation:
when the supreme court judges vote unanimously on a case, this usually indicates a _____ model of decision-making.
Your job pays you $1600per month all taxes combined reduce your pay by 25% your current expenses are $1200 per month you want to join a health club for $75 per month can you afford it
Answer:
1600 - 25% of 1600 = 1600 - 0.25*1600 = 1200
So after you take 25% of 1600 away from 1600, you're left with 1200
So you are *really* paid $1,200 a month (instead of $1,600 a month) after you take out all taxes.
Your expenses are $1,200, so you will have 1200 - 1200 = 0 dollars left over
So you CANNOT afford the health club or any additional expenses. This is assuming you don't rely on a credit card or other forms of loans.
Explanation:
Jim lost his job in a car assembly factory to a robot and his skills will no longer be needed. Which terms can be used to describe Jim? Check all that apply.cyclically unemployeddomestically unemployedfrictionally unemployedstructurally unemployedstill employedunemployed
When Jim lost his job, he became unemployed and structurally unemployed.
A person is unemployed if he is within the working age, is willing and able to work but does not have a job.
Types of unemployment
Structural unemployment: this type unemployment occurs when the skills a person has is no longer relevant in the economy. It occurs as a s result of changes in the economy. For example, technological advancement can make a person's job redundant.Frictional unemployment: this type of unemployment occurs from when a person leaves his current employment gets another job. Voluntary unemployment: a person decides not to work. For example, a factory worker might decide to stop working in order to become a fulltime student. Cyclical unemployment: it occurs as a result of fluctuations in the economy.
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colin, who is a paralegal for a powerful manhattan law firm, likes the fast pace of his work and the fact that things are always changing there. colin can be said to
Colin can be said to have internal locus of control
Internal locus of control is simply known as the way individuals perceive the occurrences that happen to them. Individuals who have an internal locus of control, often believes that what happens to them is a result of their own decisions. They do not accept social conformity and obedience.Collins believing in his fast pace of work is his internal locus of controlFrom the above we can say that Colin can be said to internal locus of control
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Answer:have a high tolerance for ambiguity
Explanation:
Because he is open to change and welcomes that things will be different at times
Suppose your expenses for this term are as follows: tuition: $5,000, room and board (housing and food): $6,500, books and other educational supplies: $1,500. Further, during the term, you can only work part-time and earn $4,000 instead of your full-time salary of $14,000. What is the opportunity cost of going to college this term, assuming that your housing and food expenses would be the same even if you did not go to college
Answer:
so the total expenses would be $13,000
you made $4,000
that would leave us with $9,00
to answer your question, it would be:
$13,000
- $5,000
--------------
$8,000
$8,000
-$4,000
-------------
$4,000 total!
Explanation:
please mark brainliest if correct <3
Tristen, who is from Poland, is told by one of his coworkers that he is left out of conversations because he will not understand American phrases. This is an example of
a ethnic discrimination
b LGBTQ discrimination
c racial discrimination
d religious discrimination
Answer:
a
Explanation:
we arent told any other details apart from that he is from Polish, so it's the logical answer
Answer: A
Explanation:
Ethnic discrimination, the behavioral manifestation of racism, is defined as "unfair, differential treatment on the basis of race or ethnicity
Which of the following is an example of an economic good?
a. Sunlight
b.Air Petrol
c.None of the above
Answer:
A) sunlight
Explanation:
solar energy... reusable and efficient
please mark as brainliest
Answer:
Sunlight
Explanation:
Stan’s savings account has a balance of $2257. After 5 years, what will the amount of interest be at 10% compounded quarterly?
a.
$1432.36
c.
$112.85
b.
$1446.36
d.
$1441.36
Answer:
b
Explanation:
Answer:
1441.36
Explanation:
got it right on edge
what did the memo entitled , "fatalities associated with crash induced fuel leakage and fires" analyze?
Answer:
The cost-benefit analysis of producing the Pinto as is or changing its design/components.
Explanation:
In a bid to match the cost effective nature of Japanese cars, Ford decided to produce the Pinto and promised to do so within a certain timeline. This shorter timeline made designing the Pinto harder and led to it having a flaw that made it a fire hazard if it was hit from behind.
Ford could have modified the design or produced it as it was. In order to make this decision, they relied on cost-benefit analysis to tell them the cost of paying for settlements resulting from Pinto crashes vs the cost of improving the car. The memo that showed this was "Fatalities Associated with Crash Induced Fuel Leakage and Fires".
What is an accountant
what do they do for a living
Answer:
An accountant is a professional who is responsible for keeping and interpreting financial records. Most accountants are responsible for a wide range of finance-related tasks, either for individual clients or for larger businesses and organizations employing them
Explanation:
QUESTION 3 of 10: Generally, budgets are created for:
a) One week
b) One month
O c) One year
Answer:
b) One month
Explanation:
Budgets are typically formulated for a one-year duration. Therefore, option c is correct.
Budgets refer to financial plans that outline the anticipated income and expenses of an individual, organization, or government entity for a specific period, usually one year.
They serve as a blueprint for allocating financial resources, setting spending limits, and achieving financial goals. Budgets provide a structured framework for managing funds, enabling effective decision-making, and ensuring financial stability.
They encompass various components, including revenue projections, cost estimates, planned expenditures, and anticipated savings. Budgets are essential tools for tracking and controlling financial activities, promoting accountability, evaluating performance, and facilitating strategic planning.
They serve as a vital tool for financial management, helping individuals and organizations make informed and efficient financial decisions.
Therefore, option c is correct.
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which government branch creates the federal tax law
The answer is Congress :)
The government branch that create the federal tax law is : Congress.
What is a congress?Congress refers to the legislative arm of the federal government that represents the American people and also make the nation's laws. Congress shares power with the executive branch, led by the president, and the judicial branch.
A congress would have the following:
Very strong powers, which will enable it to execute its policies without hindrances.A good representation and understanding of the general opinion to be able to execulte the policies that people will actually want.A good understanding of the effects and consequences of the policies it executesHence, the government branch that create the federal tax law is Congress.
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Suppose the central bank in the nation of Zook attempts to pay off its national debt by printing large amounts of currency. The large increase in the money supply causes the price level to rise by 1,200 percent. What do you expect will happen to the value of Zook's currency?
Instructions: Round your answer to 2 decimal places.
The value of Zook's currency will
(Click to select)
by
percent.
Answer:
it would become worthless
Explanation:
if they keep printing loads of money then the individual Zook dollar would decrease in worth
who determines how much utility an individual will receive from consuming a good?
Answer:
Individuals are the only judge of their own utility. In general, greater consumption of a good brings higher total utility. However, the additional utility received from each unit of greater consumption tends to decline in a pattern of diminishing marginal utility.
What is missing from this goal that is preventing it from being a SMART goal?
Goal: I want to be successful right after high school by getting a job.
This goal is NOT
O Specific
0 Measurable
O Attainable
O Relevant
O Timely
zoe, a department manager at furniture square, is considering whether to use a group to develop a plan to incentivize employees to sell extended warranties and auxiliary services. zoe should consider having the group make this decision if:
Considering the situation above, Zoe should consider having the group make this decision if: "It will increase acceptance of the plan."
This is because the main goal of Zoe is to sell extended warranties and auxiliary services.
As a manager, Zoe could create the plan by himself and let the group come in later to execute it.
However, the main goal is to make a plan but to sell extended warranties and auxiliary services.
Hence, Zoe should consider having the group make this decision if "It will increase acceptance of the plan."
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Literary techniques are ineffective when it comes to speeches.
- True
✅False
Answer: False? looks like u got it right
Explanation:
On December 15, 2021, Rigsby Sales Co. sold a tract of land that cost $4,000,000 for $5,000,000. Rigsby appropriately uses the installment sales method of accounting for this transaction. Terms called for a down payment of $490,000 with the balance in two equal annual installments payable on December 15, 2022, and December 15, 2023. Ignore interest charges. Rigsby has a December 31 year-end. In 2021, Rigsby would recognize realized gross profit of:
a. $1,400,000.
b. $126,000.
c. $450,000.
d. $0.
