Answer:
The contribution margin will decrease by 2.50
Explanation:
IF sales decreases, then the contribution margin decreases.
That's because, there is less money to pay for the variable cost.
The company will also have to sale more units to break even, as now each units contribution is fewer.
Cone's should evaluate how much their sales are expected to increase for the lower price and be cautious
<span>Long ago in a distant land, I, Aku, the shapeshifting Master of Darkness, unleashed an unspeakable evil! But a foolish Samurai warrior, wielding a magic sword, stepped forth to oppose me. Before the final blow was struck, I tore open a portal in time and flung him into the future, where my evil is law! Now the fool seeks to return to the past, and undo the future that is Aku</span>
Answer: The correct answer is " b. variables measured in terms of money but not variables measured in terms of quantities or relative price".
Explanation: According to classical macroeconomic theory, changes in the money supply affect variables measured in terms of money but not variables measured in terms of quantities or relative price.
Answer:
Sales Revenues 392,500
Sales Returns (20,000)
Freight outs <u> (9,700) </u>
Net Sales 362,800
Cost of good sold (221,000)
Gross profit 141,800
Operating Expenses
Rent expense (33,500)
nsurance expense (14,600)
Salaries and wages expense<u> (63,400) </u>
Operating Income 30,300
Income tax expense (4,300)
Net Income 26,000
Other comprehensive income 2,000
Comprehensive Income 28,000
Explanation:
the OCI is listed after-taxed thus do not change the total income tax expense
comprehensive income will be the sum of both concepts net income and OCI
Answer: (A) Stakeholder
Explanation:
The stakeholder is refers to the person in an organization that basically helps in managing all the stake in business either in external or internal type.
The main responsibility of stakeholder is to managing the resources in an organization and managing all the investment related business approach and the supply chain.
According to the given question, Vincent is the retired CEO of the company and he investing the capital in the startup company that helps in creating the software.
Therefore, The Vincent is basically refers to the startup firm's stakeholder.
