Answer:
at any level of units sold, net income will be higher if more higher contribution margin units are sold than lower contribution margin units.
Explanation:
When products with high margins are sold, profit is made and net income becomes higher. For lower contribution margin units sold to make an impact on the net income, many more units must be sold. However, in cases where units with higher contribution margin are sold, net income is positively affected.
Answer:
The gross profit for Adams Company at the end of the first quarter is $1,000
Explanation:
Since in the question it is given that Job 356 and Job 357 is sold at a profit of $500 each. So, for these two the gross profit would be
= Job 356 profit + Job 357 profit
= $500 + $500
= $1,000
The Jobs 356, 357, 358, and 359 were completed which means Job No 360 is in work in process , and Job 358,359,360 have no profit that means they are in the inventory whereas Job 356 and 357 are in sale part.
Therefore, the gross profit for Adams Company at the end of the first quarter is $1,000
The general contractor handed Antoni Gaudi the keys to his dream home during the<u> termination</u> phase of the project life cycle.
No matter if a project is finished or not, when it ends, it is referred to as "project termination." Resources for the project may become unavailable as a result, and staff members may move on to other initiatives or have their contracts terminated.
There are two kinds of project termination
- Natural Project Termination
When a project reaches its end goals and organically shuts, it is said to have terminated naturally.
- Unexpected Project Closure
When a project is discontinued early for a number of reasons, it is known as an unnatural project termination. Financial issues, such as the lack of finance, a sudden change in investors, or firm downsizing, are commonly the cause of unnatural project discontinuation.
To learn more about the project life cycle
brainly.com/question/13056504
#SPJ4
Answer:
Russia and China used to be command economy with the property rights lying solely with the government and the means of production, except labour were owned entirelyby the government. However, the command economy demanded long term planning that needed to be ultra accurate.moreover the system it self gave rise ro bureaucracy and dictatorial regimes, increasing the power centralization and the state corruption and lessening the innovative spirit of the nation.
Capitalism got rid of most of the problems in the command economy. It was accompanied by the democratic reforms in Russia and this led to more transparency. Moreover, the capitalist style social market economy in China introduced private ownership and Entrepreneurship l along with the concept of state owned companies.
In addition, the function of the price mechanism was pivotal as well. Instead of thorough and detailed planning, the resources were distributed by the price and the market demand and supply.
Explanation:
Answer:
The answer is: B) best efforts approach
Explanation:
To understand the best efforts approach we should about our PE coach that always insisted that the important thing was to give our best and off course it was better if we won, but if we didn't at least we tried real hard.
In this case the best efforts includes a legal contract between Ecclestone and their investment bank by which the bank agrees to do their best effort in selling the stocks at the highest possible price.