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2 years ago

the contribution margin income statement allows users to easily judge the impact of a change in ______ on profit.

Business

1 answer:

Ne4ueva [31]2 years ago

6 0

The blank space has been correctly filled below:

The contribution margin income statement allows users to easily judge the impact of a change in <u>selling price, cost, or volume</u> 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.

Learn more here:

brainly.com/question/24596251

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The following data represent the beginning inventory and, in order of occurrence, the purchases and sales of Quebec, Inc. for an

STatiana [176]

Answer:

Quebec, Inc.

Assuming Quebec, Inc. uses FIFO periodic inventory procedures, the ending inventory cost is:

= $2,220.

Explanation:

a) Data and Calculations:

Units Unit Cost Total Cost Units Sold

Beginning Inventory 32 $54 $1,728

Sale No. 1 10

Purchase No. 1 28 60 1,680

Sale No. 2 32

Purchase No. 2 20 57 1,140

Totals 80 $4,548 42

Ending Inventory using FIFO periodic inventory system:

Units of ending inventory = 38 (80 - 42)

Units are from: Units Unit Cost Total Cost

Purchase No. 1 18 60 $1,080

Purchase No. 2 20 57 1,140

Ending Inventory 38 $2,220

7 0

3 years ago

Chloe Closson paid for her vacation to the mountains with a $3,000 installment loan at 10% for 12 months. Her monthly payments w

erastova [34]

If Chloe did not pay off the loan, she will payout 263.75 x 12 = $3165.00

However, if Chloe pays off the loan with the sixth payment, she will pay out (263.75 x 5) + 1,786.20 = $3,086.95.

But the question is how much will she save? To get the answer just follow this: 3165.00 - 3086.95 = $78.05

Therefore, Chloe saves $78.05

7 0

3 years ago

-Select- risk is the risk of a decline in a bond's value due to an increase in interest rates. This risk is higher on bonds that

Eduardwww [97]

Answer:

Find answers below.

Explanation:

Risk management can be defined as the process of identifying, evaluating, analyzing and controlling potential threats or risks present in a business as an obstacle to its capital, revenues and profits. This ultimately implies that, risk management involves prioritizing course of action or potential threats in order to mitigate the risk that are likely to arise from such business decisions.

Price risk is the risk of a decline in a bond's value due to an increase in interest rates. This risk is higher on bonds that have long maturities than on bonds that will mature in the near future.

Reinvestment risk is the risk that a decline in interest rates will lead to a decline in income from a bond portfolio. This risk is obviously high on callable bonds. It is also high on short-term bonds because the shorter the bond's maturity, the fewer the years before the relatively high old-coupon bonds will be replaced with new low-coupon issues. Which type of risk is more relevant to an investor depends on the investor's investment horizon, which is the period of time an investor plans to hold a particular investment. Longer maturity bonds have high price risk but low reinvestment risk, while higher coupon bonds have a higher level of reinvestment risk and a lower level of price risk. To account for the effects related to both a bond's maturity and coupon, many analysts focus on a measure called duration, which is the weighted average of the time it takes to receive each of the bond's cash flows.

The bonds which would have the largest duration is a 10 year - zero coupon bond.

3 0

3 years ago

Your friend, Caitlyn, does not think it is important to review her monthly credit card statement. Instead, she just

-Dominant- [34]

Answer:

Your friend, Caitlyn, does not think it is important to review her monthly credit card statement. Instead, she just sets up an automatic minimum payment on the 18th of each month. Convince Caitlyn that this is a bad idea.

Caitlyn is working on her own reasoning which is not economical enough, when you make credit card statement review important. it would streamline spending as well as enables one to know where and what every penny is used for

Explanation:

8 0

3 years ago

Which kind of stores offers a wide selection in a few product categories and

Arisa [49]

Answer:

B. Specialty stores.

Explanation:

Specialty stores are those retail stores that have a wide selection of products but few categories. They also focus on a target product instead of having a large collection of different products.

These days, specialty stores are flourishing due to their focused product line and the product knowledge service they provide to shoppers. The shops offer just a narrow product line but with more products of the same category, enabling the customers to have a wide range of products to select from. Added to that, the service of helping them know and learn about the products gives the shopping experience a knowledgeable one.

Thus, the <u>correct answer is option B</u>.

4 0

4 years ago