Answer:
Explanation:
The preparation of the contribution margin income statement for the year ended December 31, 2017 is presented below:
Sales (10,000 units × $181) $1,810,000
Less: Variable cost (10,000 units × $119) ($1,190,000)
Contribution margin $620,000
Less: Fixed cost ($390,600)
Net income $229,400
Answer:
The answer is undercapitalization
Explanation:
It is evident that the business is undercapitalized. Undercapitalization is a situation when a company/firm does not have enough or the needed funds to run the business operations or pay his creditors.
Angelo is undercapitalized because her sales are not generating the needed cash flows coupled with her inadequate capital. So she needs to raise enough capital or develop new strategy to increase her sales.
In this case, Shareholders should filed a lawsuit against the company’s law firm, alleging that it was liable under Section 10(b) for drafting Refco'so’s SEC filings which contained these materials. They would only be liable for their own “articulated statement” or statements of others that<span> they had explicitly adopted </span>
It is important to keep the questionnaire really short, probably just one good question or a checkbox list would suffice. Hand out the questionnaire once they buy or rent the cds/dvds at the counter. They shall answer it out while you process the receipt and give change. This should come around smoothly and won't be much of a hassle for the customer.
