The contribution margin approach helps managers in short-tern decision making because it reports costs and revenues at their current value.
The contribution margin ratio/approach allows companies to determine their profits they can make from a product minus variable costs.
Answer:
$9,631
Explanation:
In 2019, the Standard mileage rate deduction for the business purposes is 58 cents per mile.
Therefore,
Her deduction is as follows:
= (No. of miles drove × 58 cents per mile) + Tolls associated with the business mileage
= (16,200 × 58 cents per mile) + $235
= 9,396 + 235
= $9,631
Therefore, by using the standard mileage method, her deduction is $9,631.
Answer:
Supply: In economic terms, supply is the amount of resources or products that are provided by the company or an organization to the public or the targeted marketed. For example a toy making company would be providing toys to people with children, who are in need of toys.
Demand: It is an economic concept that states the need of a product or service. People or organizations have needs which are fulfilled by products and services. For example, the need for toys of people with children is known to be their demand which is then fulfilled by companies.
Answer: (c) A limited amount of compensatory and punitive damage
Explanation:The civil rights act as enacted in 1964 gave the courts the authority to offer a limited amount of compensation and punitive damage to violations that has to do with malice or reclex indifference by emloyers of labor. The civil Rights act was signed into law by president Lyndon Johnson on July 2,1964.
The civil Rights movement caused as a result of the discrimination of an African-American woman in Montgomery,Alabama. Who refused to go to the back sit of a bus because is a black.
