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3 years ago

The financial statement that organizes costs by their behavior instead of by their function is the

Business

1 answer:

stellarik [79]3 years ago

3 0

Answer:

The correct answer is: contribution margin income statement.

Explanation:

The contribution margin income statement organizes costs by behavior and not by function thus it is not used for financial reporting. The variable expenses are deducted from sales to be recorded at a contribution margin. Fixed expenses are subtracted from the net profit obtained at the end of the accounting period.

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Kirsten is experiencing a great deal of anxiety about her first Algebra II test. "I know that Mr. Dade has a reputation for bein

topjm [15]

Answer:

Stereotype threat

Explanation:

Stereotype refers to preconceived perspective about a particular people or group. Stereotype threat, coined by Claude Steele and Joshua Aronson, refers to a way a person behaves that tend to confirms the negative stereotype about a particular race, gender and others. In Kristen's case the added stress generated by her anxiety about the Algebra II test as a result of the supposedly tough teacher coupled with the preconceived notion that girls are not good in math may lead to her actually failing the test or performing badly. If this feeling were to be removed she may not actually fail or perform poorly in the exam.

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3 years ago

You pay $21,600 to the Laramie Fund, which has a NAV of $18 per share at the beginning of the year. The fund deducted a front-en

kupik [55]

Answer:

4.23%

Explanation:

Given

Investment = $21,600

Front-end load = 4%

Rate of return is calculated by:

End investment - Beginning investment/ Beginning investment

First we calculate the available fund.

This is calculated as:

Available fund= Investment x (1- Front-end load %)

Available Fund = $21,600 x (1 - 4%)

Available Fund = $21,600 * (1 - 0.04)

Available Fund = $20,736

Then we Calculate the number of shares.

This is given by;

Shares= Available Fund/NAV

Where NAV = $18 Per share

Shares =$20,736/$18 per share

Shares = 1,152 shares

The NAV end is then calculated.

This is calculated by;

NAV End =NAV Begining * (1+ Growth rate)

NAV End =$18 *(1+.10)

NAV End = $18 * 1.10

NAV End =$19.80

The Year end asset value is then calculated by

Assets Value = NAV end * number of shares

Assets Value =$19.80 x 1,152

Assets Value = $22,809.60

The end investment is also calculated by;.

End investment=year end asset value x (1- expense ratio)

End Investment =$22,809.60 x (1-.013)

End Investment =$22,513.08

Lastly, End investment - Beginning investment/ Beginning investment

=(22,513.08-21,600)/21,600

=0.0423

= 4.23%

7 0

3 years ago

National defense is a good that is nonexcludable and nonrival in consumption. Suppose that instead of national defense being pai

MrRissso [65]

Answer:

Explanation:

It is given that each person values the increase at $0.30

This means that when Ernest contributes $10 to the defense fund, his valuation is 10*0.03 = 3$

8 0

3 years ago

Flint Enterprises had the following cost and production information for April: Units Produced 20,000 Unit Sales Price $ 170 Manu

lions [1.4K]

Answer:

Net operating income= $1,563,000

Explanation:

The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).

First, we need to calculate the total variable cost:

Total variable cost= (30 + 15 + 13)*20,000 + 77,000= 1,237,000

Now, we can determine the net operating income:

Sales= 20,000*170= 3,400,000

Total variable cost= (1,237,000)

Contribution margin= 2,163,000

Fixed overhead= (500,000)

Fixed General and Administrative Costs= (100,000)

Net operating income= 1,563,000

3 0

3 years ago

When cash is deposited in a checkable-deposit account at a bank, there is?

slamgirl [31]

When cash is deposited in a checkable-deposit account at a bank. An increase in the bank's liabilities 15. When cash is withdrawn from a checkable-deposit account at a bank. The money supply M1 does not change but its composition changes 16.

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3 years ago