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morpeh [17]
3 years ago
9

Which of the following will usually be found on an income statement prepared using absorption costing? Contribution Margin Gross

Margin A) Yes Yes B) Yes No C) No Yes D) No No
Business
1 answer:
noname [10]3 years ago
5 0

Answer:

C) No Yes

Explanation:

When an income statement is prepared using absorption costing then, firstly revenue from sales is shown, then cost of goods sold will be shown, which includes direct fixed cost + Variable direct cost, that is cost related to production from this we get gross margin after that selling and administration expenses are deducted and we get operating profit, in income statement using absorption costing there is no, contribution margin, only gross margin and net operating income.

Sales

Less: Cost of goods sold

Gross Margin

Less: Administrative Cost

Net Operating Margin

Therefore Correct option is

C) No Yes

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Which of the following considerations is related to sociocultural
raketka [301]

This consideration is related to the socio cultural environment:

a.) A new business decides to begin with the city its owners live in

since they are familiar with the local geography and tax issues.

Explanation:

The socio cultural environment one is familiar with influences them in many ways.

This also includes their choice of place for where they will start the business simply because they know that domain much more and it will be easier to be effective in there.

This is the reason that people are often told to be in their familiar turf.

The new business will be able to use its full contacts and have an insight on what works and what doesn't because they operate from their own area.

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4 years ago
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The reserve requirement is 20%. Leroy receives $1,000 as a graduation present and deposits the money in his checking account. Th
lesantik [10]

Answer:

d.$5,000

Explanation:

In order to find the maximum amount of possible expansion in the money supply we will have to find the money multiplier. The formula for the money multiplier is

1/reserve ration =1/0.2=5

Now that we know that the multiplier is 5 we will multiply is by 1000 which is the initial deposit, to get the total possible expansion in the money supply, 1000*5= 5000

8 0
3 years ago
Which of the following is false?
alekssr [168]

Answer:

b) Coverage error is when respondents give untruthful answers

Explanation:

Coverage error occurs when the target population isn't the population actually sampled.

Coverage error could be undercoverage or over coverage.

undercoverage is when the sampling population doesn't include all of the target population.

Over coverage is when some of the target population is over represented in the sample population.

I hope my answer helps you

8 0
3 years ago
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Use your knowledge of the challenges new managers face to complete the following sentences.
DIA [1.3K]

Answer: The correct answer is MOST

Explanation: Managers in any organization are known to provide the necessary human action inorder for the planned outcomes of the organization to be achieved. In doing the above, the mostly get involved in activities that involve motivating others and meeting people. These activities such as leading others, leading innovations and networking over time tend to be enjoyed as they are not monotonous activities like paperwork.

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3 years ago
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enot [183]

It is a true statement that Oprah Winfrey has received recognition for her success in the entertainment industry, and well as her philanthropic work.

<h3>Who is Oprah Winfrey?</h3>

Oprah Winfrey is an American television personality, actress, and entrepreneur who has impacted so many lives in the country. She is one of the richest and most influential women in the United States.

At age 19, she has became a news anchor for the local CBS television station and after her graduation from Tennessee State University, she was made a reporter and coanchor for the ABC news affiliate in Maryland. She also found herself constrained by the objectivity required of news reporting and in 1977 she became cohost of the Baltimore morning show People Are Talking.

Full sentence "Oprah Winfrey has received recognition for her success in the entertainment industry, and well as her philanthropic work True/False"

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