Answer:
The correct answer is: B. Bountiful and expected to continue to grow.
The tourism and hospitality industry is a fast growing and developing industry, so in the future, it is expected to grow, and become more bountiful.
Let me know if this helps!
Hi there
contribution margin is defined as revenues minus variable expenses. In other words, the contribution margin reveals how much of a company's revenues will be contributing (after covering the variable expenses) to the company's fixed expenses and net income.
The contribution margin of a manufacturer is the amount of net sales that is in excess of the variable manufacturing costs and the variable SG&A expenses.
So contribution margin equals
Sales-variable manufacturing cost-SG&A expenses
1,480,000−420,000−300,000
=760,000....answer
Hope it helps
Answer: decrease government spending
Explanation:
Since government spending leads to employment generation and business activity which in turn increases incomes and spending. A decrease in government spending will keep demand and consequently inflation in check.
The federal funds rate falls , because the supply of the bank reserves increases
Answer:
Target costing does not begin with the determination of the cost of the product and then focusing on developing ways to sell the product at a price that will enable the company to achieve its desired profit margin.
The correct answer is B
Explanation:
In target costing, the company does not determine the price because the price is determined by the market. Target costing begins with determining the target profit. Then, the company deducts the target profit from the market price in order to obtain the target cost.
