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podryga [215]
4 years ago
11

In order to prepare a contribution format income statement, costs must be separated into: Multiple Choice

Business
1 answer:
scoray [572]4 years ago
4 0

Answer:

variable and fixed costs.

Explanation:

The format of the contribution margin income statement is presented below:

Sales                                    XXXXX

Less: Variable cost            (XXXXX)

Contribution margin            XXXXX

Less: Fixed cost                  (XXXXX)

Net income or loss               XXXXX

Based on this we can concluded that the contribution margin income statement  classified into two cost i.e variable and fixed cost

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A licensed _______________ must display his or her license conspicuously in the principal place of business at all times.
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Answer:

Broker

Explanation:

A licensed broker must dispaly his or her name boldly in their primary place of business at all times becasue it helps to identify a broker quickly as well as has gives confidence to customers to transact business with them.

Cheers.

3 0
3 years ago
If marginal cost becomes higher than price, what happens to a company
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Increase price value profit becomes higher than price, what happens to a company
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1. The monthly market shares of General Electric Company for 12 consecutive months follow. Develop three-month and four-month mo
aleksklad [387]

Answer:

MSE for 3-month MA = 0.0790

for 4-month, it is 0.066

Hence, 4-month MA is better.

Explanation:

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This is used to ascertain the preferred or better forecast from 2 or more given parameters.

Kindly check the attachment for the step by step explaination of the MSE forecast.

6 0
3 years ago
Determine which of the statements below explain what an accounting system does. (Check all that apply.) Multiple select question
AVprozaik [17]

Answer:

I. It helps users to be better informed, so they can evaluate the risks and returns of different business decisions.

II. It collects and processes data from transactions and events.

III. It organizes financial information into useful reports.

IV. It communicates financial information to decision makers.

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).

The fundamental functions of an accounting system includes;

I. It helps users to be better informed, so they can evaluate the risks and returns of different business decisions.

II. It collects and processes data from transactions and events.

III. It organizes financial information into useful reports.

IV. It communicates financial information to decision makers.

4 0
3 years ago
Why do courts permit fraud to disrupt genuine agreement in a contractual setting?
WARRIOR [948]
I’m pretty sure it has something to do with trial lengths and the sort
3 0
3 years ago
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