Answer:
Contribution Margin $ 5775
Net Loss ( $ 5,200 )
Explanation:
Ticket sales $12,600
Less
Variable Costs
Cost of dinner
Variable Costs ( 15,300- 9000) $ 6,300
Invitations and paperwork (variable costs) <u> $ 525</u>
Less Fixed Expenses
Cost of dinner (fixed costs) $ 9000
Invitations and paperwork (fixed costs) <u>$ 1975</u>
Net Loss ( $ 5,200 )
Contribution Margin is obtained by deducting variable costs from sales and then the profit or loss is obtained by deducting fixed costs from the contribution margin.
Consumer credit dates back to colonial times.
<h3>What is consumer credit?</h3>
Money that customers can borrow to pay for products or services is known as consumer credit. Customers who have access to credit can make purchases today and pay for them over time. Consumers can obtain credit from banks, financial organizations, and companies.
Consumer credit is governed by federal and state rules that shield borrowers from dishonest lending practices and stop companies from treating them differently based on non-financial considerations.
Examples of consumer credit are credit cards, education loans, mortgages, etc.
Consumer credit has been around since the colonial era when farmers used it frequently.
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Answer and Explanation:
Occupational education refers to the learning capability of the student according to their interest, skills, knowledge, opportunity that are based on future plans. This represents the positive attitude towards the work and labor
The difference is as follows
<u>Medium level education High level education </u>
1. In this, the person moved 1. In this, the person moved to
to the past entry level but the past entry level also it reached
do not reach to to its end i.e selection
its end i.e selection
2. The person has less knowledge 2. The person has more knowledge
and skills and skills
3. Due to this, the person 3. Due to this, the person is able to
is not able to get high package get high package and opportunities
Answer:
correct option is C. $1,250,000
Explanation:
given data
Light poles = $350,000
cost reimbursement = $65,000
electric power to residents = 1,250,000
to find out
which statement accounted for in an enterprise fund
solution
statement accounted for in an enterprise fund is here
particular amount
Equipment used for supplying $1250000
electric power to residents
enterprise fund $1250000
so correct option is C. $1,250,000
(C) Increase liabilities (Accounts payable) by $337.8 million.
<h3>
What is inventory?</h3>
- Inventory, often known as stock, refers to the items and supplies that a company keeps for the purpose of resale, manufacturing, or use.
- Inventory management is largely concerned with establishing the shape and positioning of stocked products.
<h3>
What is purchasing on credit?</h3>
- A credit buys, sometimes known as purchasing anything "on credit," is a purchase made today that will be paid for later.
- When you use a credit card, for example, your financial institution pays for the products or services upfront and then collects the payments from you later.
- Purchase on credit refers to an increase in liabilities.
Therefore, the correct option is (C) Increase liabilities (Accounts payable) by $337.8 million.
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