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1 year ago

The entrepreneur who does not change the method of production already introduced is.

Business

1 answer:

Wewaii [24]1 year ago

4 0

Drone entrepreneurs are entrepreneurs who do not change the already introduced production methods.

Drone entrepreneurs are those who don't like change. They want to do business according to their own style. These kinds of people attach pride and tradition to outdated methods. They are basically entrepreneurs who like to follow traditional methods of doing business.

Drone entrepreneurs are the ones who don't like innovative ideas. They even avoid any sort of transformation. They like the present situation of the business. Even if they have to bear loss they still do not want to modify or change their business.

Drone entrepreneurs are reluctant to accept opportunities. They always follow conventional ideas and products. They enjoy their present mode of business. They usually like their own principle and ideas to follow. They do not want to get rid of their traditional business machinery or traditional business system. They are basically orthodox in their outlook and are laggards.

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Answer:

Contribution is sales revenue less variable cost. In multiple products environment, it is important that the producer have information about the performance of each product. This is useful for decision making purpose. See income statement below

Explanation:

An income statement showing contribution would suffice:

Royal Lawrence Company

Income statement

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$ $ $

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3 years ago

Read 2 more answers

Units Produced 20,000

Alexeev081 [22]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Units Produced 20,000

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Unit Sales Price $ 240

Full Manufacturing Cost Per Unit $97

Under the absorption costing method, the fixed manufacturing overhead is part of the product cost.

Income statement:

Sales= (17,000*240)= 4,080,000

Cost of goods sold= (17,000*97)= (1,649,000)

Gross profit= 2,431,000

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3 years ago

An increase in income is always possible with out increasing expenses. O True False

vaieri [72.5K]

The answer is true because you don’t always have to increase your expenses .

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3 years ago

Why might increasing taxes increasing taxes as a fiscal policy be a more difficult policy than the use of monetary policy to slo

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Answer:

The legislative process experiences longer delays than monetary policy.

Explanation:

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last year, cayman corporation had sales of $26 million, total variable costs of $15 million, and total fixed costs of $5,000,000

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Answer:

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Explanation:

a) Data and Calculations:

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Contribution margin $11 million

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Operating income $6 million

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Income before tax $2 million

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3 years ago