The contribution margin equals sales minus Variable Cost.
This is based on the idea that contribution margin is the total money that each sales quantity contributes to making a business's profits.
In other words, the contribution margin is the total amount that remains after deducting variable costs from sales revenue.
Hence, in this case, it is concluded that the contribution margin equals sales minus Variable Cost.
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Self-efficacy
Albert Bandura defined this as the ability to succeed in specific situations or accomplish a task.
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Answer:
Yes
Explanation:
The answer is yes because education/training will make it so you have more experience/knowledge than the next worker
I think it's <span>none of the above.</span>
Answer and Explanation:
The journal entries required to adjust the balance of cash as follows:
1. Cash Dr $1,128
To Notes receivable $1,100
To Interest revenue $28
(Being the cash is recorded)
Here cash is debited as it increased the assets and credited the notes receivable and interest revenue as it decreased the assets and revenue
2. Service expense Dr $78
Account receivable Dr $280
To cash $358
(being the cash paid is recorded)
here service expense and account receivable is debited as it increased the expenses and assets and credited the cash as it decreased the assets