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bixtya [17]
2 years ago
12

Contribution margin is always the same as gross profit margin. is calculated by subtracting total manufacturing costs per unit f

rom sales revenue per unit. excludes variable selling costs from its calculation. equals sales revenue minus variable costs_________
Business
1 answer:
goldfiish [28.3K]2 years ago
7 0

Answer: equals sales revenue minus variable costs

           

Explanation: In simple words, contribution margin refers to the amount of revenue that an organisation is left with after paying for the variable expenses that are incurred for the generation of such revenue.  

It is an important aspect of an organisation as it somehow depicts the ability of it to pay its fixed expenses like interests etc.

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2. Your grandfather placed $5,000 in a trust fund for you. In 12 years what will be the worth of the savings. If the estimated r
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With compound interest on a principal of $5,000.00 at a rate of 8% per year compounded 1 time per year over 12 years is $12,590.85.

<h3>Compound interest</h3>

Given Data

  • Principal = $5,000
  • Time = 12 years
  • Rate = 8%

Assuming a compounded interest approach

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P (principal) = $5,000.00

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Calculation Steps:

First, convert R as a percent to r as a decimal

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r = 0.08 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

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A = 5,000.00(1 + 0.08)(12)

A = $12,590.85

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