Answer:
A. Contribution margin of $250,000 and C. Gross profit of $230,000.
Explanation:
Sales = $350,000
Cost of goods sold = $120,000
Total fixed expenses = $60,000
Total variable expenses = $100,000
Therefore,
Gross profit = Sales - Cost of goods sold
= $350,000 - $120,000
= $230,000
Contribution margin = Sales - Total variable cost
= $350,000 - $100,000
= $250,000
The right options are A. Contribution margin of $250,000 and C. Gross profit of $230,000.
Long-term assets are the focus of corporate planning.
The process by which corporations develop strategies for accomplishing goals and meeting goals is known as corporate planning. It entails the definition of the strategy, the direction of the strategy, decision-making, and resource allocation. A corporate plan is similar to a strategic plan, but the difference is that a corporate plan directs a more complex company with multiple business units or subsidiaries. "Corporate planning includes the setting of objectives, organizing the work, people, and systems to enable those objectives to be achieved, motivating through the planning process and through the plans, measuring performance and so controlling progress of the plans, and developing people through better decision-making. It explains the direction the business as a whole is going and provides a road map to get there.
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The trial balance would disagree. It seems that the cash should be credited instead as the situation seems to me that the cash is being expended to pay for the equipment, and the remaining 3500 is liabilities. Therefore, the error should be corrected.
Accomplishment is the correct answer
In an open economy, expansionary fiscal policy increases in government spending can raise interest rates, which raises the dollar's value and pushes out net exports is the reason of effectiveness Expansionary monetary policy.
<h3 /><h3>What is Expansionary monetary policy?</h3>
Expansionary policy, often known as loose policy, is a macroeconomic policy aimed at boosting economic growth.
Monetary or fiscal policy can both be used to expand the economy or a combination of the two.
It is part of Keynesian economics' overarching policy prescription for reducing the negative effects of economic cycles during slowdowns and recessions.
Thus, increases in government spending can raise interest rates is the reason of effectiveness Expansionary monetary policy.
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