1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
anyanavicka [17]
3 years ago
11

The CVP income statement Group of answer choices discloses contribution margin in the body of the statement. is distributed inte

rnally and externally. classifies costs by functions. will reflect a different net income than the traditional income statement.
Business
1 answer:
LenKa [72]3 years ago
3 0

Answer:  discloses contribution margin in the body of the statement.

Explanation:

The Cost Volume Profit (CVP) income statement is made to better show the influence of variable costs and fixed costs on income. It as well shows the effects that changing costs and production volume can have on the income.

Although it shows the same income as a traditional income statement, the format is different in that the contribution margin is included in the statement and the costs and revenue per unit are shown as well.

You might be interested in
When Theo complained out loud that the hotel restaurant did not serve breakfast late enough in the morning, a hotel worker overh
11111nata11111 [884]

Answer:

The correct answer is E. respond quickly

Explanation:

Respond quickly is a great strategy to gain customers' fidelity.

7 0
3 years ago
Small business loans are easier to get if
djverab [1.8K]
The answer is A. The owner has a lot of his own money invested in the business.
3 0
4 years ago
Sarah is now in the Singapore airport and has 6000 Singapore dollars in her pocket. Sarah is next going to the Czech Republic an
timurjin [86]

Answer:

98,760 Czech korunas for 6,000 Singapore dollars

Explanation:

For computing the number of Koruna she is able to exchange first we have to determine the Singapore dollar exchange rate in Czech koruna which is

= Singapore dollar exchange rate ÷  Czech exchange rate

= 0.790 ÷ 0.048

= 16.46

And, there are 6,000 Singapore dollars in her pocket

So, the number of Koruna she is able to exchange  is

= 16.46 × 6,000 Singapore dollars

= 98,760 Czech korunas for 6,000 Singapore dollars

6 0
3 years ago
Spice Inc.'s unit selling price is $60, the unit variable costs are $35, fixed costs are $125,000, and current sales are 10,000
miv72 [106K]

Answer:

Increase by $200,000

Explanation:

Giving the following information:

Spice Inc.'s unit selling price is $60, the unit variable costs are $35, fixed costs are $125,000, and current sales are 10,000 units. How much will operating income change if sales increase by 8,000 units?

Effect on income= (60 - 35)*8,000= $200,000

6 0
4 years ago
Maria graduates from college and her income increases by ​$35,000 a year. Nothing else changes. Maria decreases the quantity of
tia_tia [17]

Answer:

B. ketchup and chocolate chip cookies are inferior goods 

Explanation:

The options and the question seems not to match. The correct question can be found here: https://www.chegg.com/homework-help/questions-and-answers/maria-graduates-college-income-increases-35-000-year-nothing-else-changes-maria-decreases--q30165223

A normal good is a good whose demand increases when income increases. In this question, winter vacations is a normal good.

An inferior good is a good whose demand increases when income falls and whose demand falls when income rises. In this question, ketchup and chocolate chip cookies are inferior goods.

I hope my answer helps you

6 0
3 years ago
Other questions:
  • Prepaid expenses require what type of adjusting entry?
    14·1 answer
  • The $10,000 cash that exceeds the partnership liabilities is to be disbursed immediately. If profits and losses are allocated to
    13·1 answer
  • On January 1, 20X8, Polo Corporation acquired 75 percent of Stallion Company's voting common stock for $300,000. At the time of
    13·1 answer
  • If a company that is in a 35 % tax bracket invests in assets that increase its depreciation expense by $ 562 per year, its chang
    12·1 answer
  • Which best describes what is represented in the business cycle model? the interactions between producers and consumers the chang
    11·2 answers
  • Selected accounts with amounts omitted are as follows: Work in Process Aug. 1 Balance 268,300 Aug. 31 Goods finished 168,800 31
    8·1 answer
  • Wildhorse Co. had the following assets on January 1, 2022. Useful Life (in years) Item Cost Purchase Date Useful Life (in years)
    13·1 answer
  • Through (2, - 5) perpendicular 10 3y=x-6
    12·1 answer
  • When a tax is placed on a product, it’s_________increases, so it’s_________ may decrease. People react to the higher prices by b
    14·1 answer
  • g Money is best defined as whatever serves society in three functions: medium of exchange, store of value, and unit of account.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!