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stiv31 [10]
4 years ago
10

An internal control system consists of the policies and procedures managers use to

Business
1 answer:
Andrei [34K]4 years ago
4 0
Oh man this is a tough one.... i love u!
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O'Neill, Incorporated's income statement for the most recent month is given below. If sales in Store B increase by $30,000 as a
RUDIKE [14]

Answer: $5,000

Explanation:

The Contribution Margin (CM) given it $80,000 for Store B.

The Contribution margin ratio is;

= CM / Sales

= 80,000 / 200,000

= 40%

Given an increase of $30,000 in sales, increase in CM is;

= 30,000 * 40%

= $12,000

Traceable fixed costs for that increase was $7,000 so the segment margin will be;

= CM - Traceable fixed cost

= 12,000 - 7,000

= $5,000

5 0
3 years ago
Suppose you recently sold your used car. Assume that no new production was involved in this transaction.
labwork [276]

Answer:

Assume that no new production was involved in this transaction.

Wealth was created because the value of your willingness to sell was _____ (equal to, less than, greater than) the buyer's willingness to pay.

Suppose you sold the car for $18,000.

If the minimum price, or "bottom line," you would accept for the car is $10,000 and the most the buyer is willing to pay is $25,000.

Explanation:

plz mark me as a BRAINLIAST...plz

4 0
3 years ago
Select the account that would be decreased if the owner of hillary's hair salon decides to withdraw $40 for personal use. multip
Karo-lina-s [1.5K]

Select the account that would be decreased if the owner of hillary's hair salon decides to withdraw $40 for personal use. 'cash'

therefore the correct option is Cash

Personal Use

Any usage that does not meet the requirements for Commercial Use is considered Personal Use. Use for strictly personal objectives is referred to as personal, or non-commercial, use. A use must satisfy ALL THREE of the following requirements in order to be deemed "Personal":

The use cannot entail a currency exchange.

The use can't be used to advertise a company (this includes non-profit organizations)

There must be no financial gain from the use, either directly or indirectly.

The use is classified as "Commercial" if one or more of the requirements are not satisfied.

To learn more about Personal Use

brainly.com/question/27034337

#SPJ4

3 0
2 years ago
At one time there were many farm cooperatives, but more recently other forms of business ownership have replaced them. true fals
Mashcka [7]

Answer:

The answer is False

Explanation:

Farm cooperatives have grown over time.

3 0
3 years ago
Read 2 more answers
You examine the balance sheet of an insurance company and note that its assets are made up mainly of U.S. Treasury bills and com
Crazy boy [7]

Answer:

It is more likely to be the balance sheet of a property and casualty insurance company.

Explanation:

7 0
4 years ago
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