1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Feliz [49]
3 years ago
5

The contribution approach to the income statement:Group of answer choicesOrganizes costs on a functional basis.Shows a contribut

ion margin rather than a net operating income figure at the bottom of the statement.Is useful to managers in planning and decision making.Can only be used by manufacturing companies.
Business
1 answer:
Pavel [41]3 years ago
4 0

Answer: Is useful to managers in planning and decision making.

Explanation:

The Contribution approach to the income statement helps the company understand better the behaviour of it's variable and fixed assets because the Contribution Margin approach first subtracts variable costs from revenue and then subtracts fixed costs.

This allows the company to know which of the costs are more taxing on the company thereby enabling the company to know which to work on. It is therefore useful to managers in planning and decision making.

You might be interested in
Tax cuts increase consumer incentive to save. which determinant(s) of aggregate demand cause the change?
Sidana [21]

In the given problem above, what will most likely happen if the tax cuts increase consumer incentive to save is that the aggregate demand will likely change as it will increase in the given situation, mainly because of the tax cut in which it will consume or spend the money earned.

8 0
3 years ago
A local news program reported that, "sixty-eight percent of our viewers think a property tax hike is a good idea." because only
8_murik_8 [283]

Sarah is demonstrating a critical thinking. Critical thinking can be defined as the awakening of intellect to study itself. It is also the ability to think and analyze fasts to form a judgement. Critical thinking also refers as the ability to think clearly and rationally regarding what to do and what to believe.

8 0
3 years ago
ABC Mechanics charges an estimate fee of $100 plus $40 per hour, x, in labor. XYZ Mechanics charges an estimate fee of $65 plus
Dima020 [189]

Answer:

5 hours  would work! Hope it helps!

Explanation:

100 off top!

40 in labor for each hour

40 times 5 is 200

so that would cost 300

for xyz

65 off top and 50 in labor for each hour

5 times 50 is 250

250 plus 65 is 315 !

7 0
3 years ago
Property rights are important to a free enterprise system because they
Morgarella [4.7K]

Answer:

cause ppl to have gang wars

Explanation:

4 0
3 years ago
Read 2 more answers
Why are financial intermediaries willing to engage in information collection activities when investors in financial instruments
d1i1m1o1n [39]

Answer:

C. Banks make private​ loans; their conclusions on who is creditworthy are not made public.

Explanation:

Investors in financial instruments who engage in information collection face a free-rider problem, which means other investors may be able to benefit from their information without paying for it.

Individual investors, therefore, have inadequate incentives to devote resources to gather information about borrowers who issue securities.

4 0
3 years ago
Other questions:
  • The worst possible consequence of conflict is ______.
    7·2 answers
  • If ticket prices were decreased by 10%, passenger flights would increase by 25%. However, total variable costs would increase by
    13·1 answer
  • Match the word or phrase with the best description of it. (a) select the correct word or phrase An expression about whether fina
    12·1 answer
  • TONI&GUY is a global hairdressing and education business headquartered in England. It has recently opened salons in Mongolia
    15·1 answer
  • What do the indicators used by economists reveal about the economy?
    14·2 answers
  • The style of large pieces will determine the style of the room. True or false?
    12·1 answer
  • Instead of deciding to finish high school, you could have decided to work full-time. How would an economist explain your decisio
    12·1 answer
  • where cost is in dollars and time is in minutes. The cost of driving an automobile is $5.50 with a travel time of 21 minutes, wh
    15·2 answers
  • A farmer in Germany can use his land to produce corn or wheat. Suppose he can produce 1 million bushels of corn if it devotes al
    13·1 answer
  • Suppose a monopoly firm produces bicycles and can sell 10 bicycles per month at a price of $700 per bicycle. In order to increas
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!