Answer: Household employees, for the babysitting one, occasionally nann(y/ies) or babysitter(s)
Explanation:
Detailed information about the financial statement elements is maintained in records commonly called "Accounts'
An account in accounting is a general ledger entry that is used to categorize and record transactions. For example, businesses will have a Cash account where they may record each transaction that raises or reduces the amount of cash they have on hand.
Three different accounts exist.
- Real account: It links assets and obligations; it excludes accounts for specific individuals. They continue every year.
- Personal accounts link the accounts of people,
- Businesses, and organizations. All accounts for income, spending, losses and profits are related by a nominal account.
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Whats the answer options you get
If sales volume increases and all other factors remain constant, then the Margin of safety will increase
Explanation:
The margin for safety (MOS) is described as an overall excess of current or expected revenue, expressed either in terms of currency or in units, or as a percentage of total revenues.
One of the main ways to increase the safety margin is through increasing the gross value per unit (if business conditions are favourable) and by reducing the variable cost per unit of the good. This can be accomplished by rising selling costs.
Answer:
the total contribution margin is $245,700
Explanation:
The computation of the total contribution margin in the case when the sales volume rise by 40% is shown below:
Since the sales volume is rise so the contribution margin is also rise by 40%
Therefore the total contribution margin would be
= Contribution margin × (1 + increased percentage)
= $175,500 × (1 + 0.40)
= $175,500 × 1.40
= $245,700
Hence, the total contribution margin is $245,700
