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finlep [7]
3 years ago
8

The difference between a traditional format income statement and a contribution format income statement is:_______.

Business
1 answer:
Lera25 [3.4K]3 years ago
4 0

Answer:

(a) that the traditional format organised cost into cost of goods sold and selling and administrative expenses while contribution format organizes cost into variables and fixed cost

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Theresa sued her former employer for age, race, and gender discrimination. She claimed $200,000 in damages for loss of income, $
Nimfa-mama [501]

Answer:

$700,000

Explanation:

Although Theresa claimed $200,000 for damages, $300,000 for emotional harms and $500,000 in punitive damages, the final settlement was made at $700,000.

Hence, the gross income must include the amount which was actually used and received in settlement and this is $ 700,000.

Hope this Clear things up

Good Luck.

5 0
3 years ago
Phoenix Pump and Filter projects that the cost of steel bodies for Model R910 valves will increase by $2.50 every 3 months. If t
katrin2010 [14]

Answer:

$1023.98

Explanation:

Using the standard notation equation for annual payment and for arithmetic gradient to calculate the present worth of a unit's costs; we have the following corresponding expression.

P = A (P/A, i, n)         &     P = G (P/G, i, n)

where;

A = annual payment

G = arithmetic gradient

n = number of years

i = annual interest rate

From the question;

the payment  period = compounding period

∴ quaterly interest rate = 3%

The present worth value of the unit's cost is therefore shown as

P = 90 (P/A, 3%, 12) + 2.5(P/G, 3%, 12)

P = 90(9.954) + 2.5(51.2481)

P = $1023.98

∴ The present worth value of the unit's cost = $1023.98

7 0
3 years ago
The three important elements of a​ firm's business model are its target​ market, its basis for​ differentiation, and its​ ______
wlad13 [49]

Answer:

SEGMENTATION

Explanation:

The important elements involved of a firms business model are its TARGET market basis for differentiation and it segmentation these three elements involved results into important elements of a business model.

6 0
3 years ago
In a results oriented organization that focuses on quality and teamwork, which level of organizational structure should assume p
SOVA2 [1]

In a results-oriented organization that focuses on quality and teamwork, followers should assume primary responsibility.

<h3><u>Explanation:</u></h3>

The thing that `guides the activities to be carried out for achieving the objectives and goals of an organisation refers to the organisational structure.The activities can include things like role,rules and responsibilities. The organisational structure plays a major roil;e in the determination  of  how well an organisation can achieve its goals.

The structure that an organisation must follow is dictated by the top management. The organisational structure decides the flow of information into various levels of an organisation. When an organisation focuses mainly on the outcome that is achieved finally without focusing on the way the outcome is reached refers to result oriented organisation. Thus, in such organisation, the followers should assume primary responsibility.

7 0
4 years ago
Robinson spends all his income on mangos and bananas. Mangos cost $3 per pound. Robinson's marginal utility is 30 for the last p
ANEK [815]

Answer:

$1 per pound

Explanation:

Marginal utility is defined as the additional satisfaction that a person gains from consumption of an additional unit of a product.

Since Robinson spends all of his money on mangoes and bananas his the marginal utility per price of each product will be equal.

This is called equi marginal utility (Gossens second law).

Marginal utility of mango ÷ price of mango = marginal utility of banana ÷ price of banana

30 ÷ 3 = 10 ÷ price of mango

10 = 10 ÷ price of mango

Cross multiply

Price of mango * 10 = 10

Price of mango = 10 ÷ 10 = $1 per pound

8 0
3 years ago
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