The following items are found above the contribution margin on a contribution margin format income statement: Fixed expenses Variable expenses Sales
An income statement is a financial statement that depicts an organization's revenues and expenditures over a certain period of time.
A contribution margin income statement is one in which fixed and variable costs are deducted from sales to determine the contribution margin. The contribution margin is then used to pay for fixed expenses and net operating income. To make an income statement, follow these steps:
Start with sales: To begin your revenue section of your statement, begin with sales. The sales portion of the revenue section should list the total value of goods or services sold for the period being reported.
Deduct the cost of goods sold:
Next, deduct the cost of goods sold. This covers the cost of goods or services sold during the accounting period being reported. The gross margin is the difference between sales and the cost of goods sold. Deduct variable expenses:
After calculating gross margin, subtract variable expenses. These are costs that change with sales volume. Deduct fixed expenses:
Subtract the fixed costs from the total. These are expenses that do not change with sales volume. Calculate net operating income:
After deducting fixed expenses, calculate the net operating income.
This is the money you have left over after paying all of your costs.
for more such question on contribution margin
https://brainly.com/question/27773337
#SPJ11
Which of the following is the most useful question to consider to learn more about your client's cultural identity?
a. Which of their social identities is your client most aware of?
b. What does your client think about current events?
c. How does your client's partner or parent describe them?
d. What is your client's proudest achievement?
Option A is correct - The most pertinent query to take into account when attempting to understand your consumer's cultural identify is which social identity does your client most readily recognize?
Mindfulness
Being conscious is the first step, just as with any friendly situation. Given that you are here, it is safe to assume that you are aware of the need for socially adept thought. The fact that the clinical area urgently needs socially sensitive medical treatment may go unnoticed by many medical service offices and their workers, especially those in rural areas.
A person's sense of community within a particular group is reflected in their cultural identity. Race, ethnicity, social class, religion, sexual orientation, gender identity, and even level of aptitude are all examples of cultural identity.
Learn more about “ cultural identify “ visit here;
https://brainly.com/question/15885214
#SPJ4
salesforce recruitment and selection, training, and motivation and compensation are all part of the
Answer:
Sales force management is a specialized form of personnel management wherein the sales managers plan and execute the recruitment, selection, training, motivation, compensation and evaluation processes pertaining to the sales personnel in an organization.
1. Describe the main sources of law (10 Marks).
2. Explain five essentials of a valid contract (10 Marks).
3. Describe the main purpose of employment law (10 Marks).
1. Constitutions, legislation, regulations, and cases are the primary sources of law.
2. Offer, acceptance, awareness, consideration, and capacity are the five essentials of a valid contract.
3. Employment law was created to provide guidelines and regulations for both employers and workers, and to provide protection and structure for both.
What are the 5 main sources of law in the US?In the United States, the basic sources of law are the United States Constitution, state constitutions, federal and state legislation, common law, case law, and administrative law.
An enforceable contract has five elements: offer, acceptance, awareness, consideration, and capacity.
The relationship between employers and employees is monitored by employment law. It defines what employers can expect from workers, what employers can require employees to perform, and the rights of employees at work.
Learn more about employment law
https://brainly.com/question/30333016
#SPJ1
. The following company has the following data:
BALANCE CHEET Income statement
Beginning inventory 25000 Net sales Revenue 120000
Ending inventory 18000 Cost of Gods Sold 70000
Account receivables 6500
Account payables 105000
Accordingly, calculate the Cash Gap and illustrate:
1) If the suppliers need to be paid after 40 days, is the company need a source of finance? If yes, the facilities needed to cover how many days?
2) How the company can cover the Gap?
3) What is the point of strength and weakness in the company operating cycle?
The company will require a source of financing to fill the liquidity gap of 187 - 40 = 147 days if suppliers must be paid after 40 days.
What is the financial gap formula?A company must divide the whole value of its interest-sensitive assets by the total value of its interest-sensitive liabilities to determine its gap ratio. After it has it, the corporation may choose to show this quotient as a decimal or a percentage.
Operating Cycle = DSI + DSO
DSI = Days of Sales Inventory = (Beginning Inventory + Ending Inventory) / (Cost of Goods Sold / 365)
DSI = (25,000 + 18,000) / (70,000 / 365) = 167 days
DSO = Days of Sales Outstanding = (Accounts Receivable / Net Sales Revenue) x 365
DSO = (6,500 / 120,000) x 365 = 19.79 days
Operating Cycle = 167 + 19.79 = 186.79 days ≈ 187 days
To know more about financing visit:-
https://brainly.com/question/10024737
#SPJ1
Outline two ways of arranging for more than one person to see a letter?
Answer:
list the full names of each recipient on separate lines before including the single address at the bottom of your header
Which of the following statement(s) is/are TRUE?
I. The EAR can never exceed the APR
II. The APR can never exceed the EAR
III. The APR and EAR can never be equal
In the growth stage of the product life cycle, _______ is used as the primary promotional element in order to stress brand differences.
Advertising serves as the main promotional component during the growth phase of the product life cycle to highlight brand differences.
Companies that run advertisements, advertising agencies that produce the advertisements, media that airs the advertisements, and a large number of individuals who take the advertisements all the way to the consumer or recipient, including copy editors, brand managers, researchers, creative thinkers, and designers, make up the advertising industry. A marketing strategy known as advertising involves purchasing real estate to promote a good, bad, or abstract idea. What are commonly referred to as advertisements are the actual advertising messages. Advertising's objective is to persuade a given audience to purchase a good or service. One of the first types of marketing, it aims to persuade its target market to buy something, sell something, or do something else.
To learn more about advertising refer here:
https://brainly.com/question/3163475
#SPJ1
Sergio and Isabella are currently working full-time jobs. They are about to have their first child and are trying to decide if they are both going to keep working. What disadvantage will likely face if they choose a dual income option?
You Answered
They will have a lower amount of dispensable income.
They will have a greater amount of financial income.
Correct Answer
They will have a higher amount of childcare expenses.
They will have more time to spend with their new baby.
CORRECT: They will have a higher amount of childcare expenses. (please remove incorrect answers.)
Answer: they will have a higher income
Explanation:
i took the test
Which of the following is included in the footnotes to the financial statements but does not require an explanatory paragraph in the auditor's report?
A change in accounting principle that does not have a material effect in the current year but is expected to have a material effect in future years
The auditor's report includes a footnote to the financial statements which details any changes in accounting principles that have been made.
In the event that a change in accounting principle does not have a material effect in the current year, but is expected to have a material effect in future years, then it must be included in the footnotes but does not require an explanatory paragraph in the auditor's report.
In other words, if the change in accounting principle is expected to have a future material effect, it must be disclosed in the footnotes but the auditor's report will not include a paragraph providing more detailed information.
The information included in the footnote must still be relevant, reliable and disclosed in a manner that complies with generally accepted accounting principles (GAAP).
The rationale behind not including an explanatory paragraph in the auditor's report is that the impact of the change in accounting principle may not be known until the future period, at which time a more detailed analysis can be conducted. Furthermore, any potential financial statement impact or changes to disclosures could be better estimated or evaluated at that time.
Overall, changes in accounting principles that do not have a material effect in the current year but are expected to have a material effect in future years must be included in the footnotes to the financial statements, but do not require an explanatory paragraph in the auditor's report.
for more such questions on financial
https://brainly.com/question/989344
#SPJ11
ABC Co. is an emerging growth company that went public via IPO today. When may a member firm that was a co-manager of ABC's IPO publish research related to ABC Co.?
(A)Immediately (B)10 calendar days after the IPO date(C)3 calendar days after the IPO date(D)It depends on the size of the offering.
A member firm that served as co-manager of ABC's IPO may publish research about ABC Co. 10 calendar days following the IPO date.
Which markup policy applies to transactions?For spreads in dealer transactions and commissions in brokerage transactions, including buying OTC securities from a customer and riskless transactions, the FINRA 5% Markup Policy serves as a guidance.
When may securities bought under a contract be sold to a resident of another state?A registration exemption for intrastate securities sales is outlined in SEC Rule 147. For a period of six months after the issuer's final selling date, a buyer of stock under Rule 147 is not permitted to sell the securities to a nonresident of the state.
To know more about co-manager visit:-
https://brainly.com/question/29490529
#SPJ1
A client has a stock that is currently valued at $40 per share. The quarterly dividend of this stock is $0.10 per share. What is the current yield of this stock?
The current yield of this stock is 2.5%. This is calculated by dividing the quarterly dividend of $0.10 per share by the current value of $40 per share, resulting in 0.025 (2.5%).
In terms of stock valuation, the yield is an important metric that helps investors assess the potential return from their investment. This yield reflects the amount of return that investors receive from their investment relative to the current market price. For example, if a stock is valued at $40 per share and the dividend is $0.10 per share, the yield will be 2.5%. The higher the yield, the more attractive the stock is for investors.
Investors should also consider other factors, such as the company’s future prospects, financial strength, and the overall economic outlook. In addition, they should also be aware of any risks associated with the stock, such as the possibility of a dividend cut or other changes in the stock’s value.
for more such question on investors
https://brainly.com/question/30130634
#SPJ11
A client has a stock that is currently valued at $40 per share. The quarterly dividend of this stock is $0.10 per share. The current yield of the stock will be 1%.
For solving the question, we will first Identify the stock price and the dividend per share.
In this case, the stock price is $40 per share and the quarterly dividend is $0.10 per share.
Now we will calculate the annual dividend by multiplying the quarterly dividend by 4 (since there are 4 quarters in a year).
Annual Dividend = Quarterly Dividend × 4
Annual Dividend = $0.10 × 4
Annual Dividend = $0.40
Now calculating the current yield by dividing the annual dividend by the stock price and then multiplying the result by 100 to get the percentage.
Current Yield = (Annual Dividend / Stock Price) × 100
Current Yield = ($0.40 / $40) × 100
Current Yield = 0.01 × 100
Current Yield = 1%
For more questions on current yield
https://brainly.com/question/29435748
#SPJ11
Who implements incident response programs to detect security vulnerabilities and breaches?
A. Policy Management
B. Risk Management
C. Information Security Management
D. Governance of Information
The implementation of incident response programs to detect security vulnerabilities and breaches is typically the responsibility of Information Security Management.
This function is responsible for the development, implementation, and maintenance of information security policies, procedures, and standards. Incident response programs are a critical component of an organization's information security strategy, as they help to identify, respond to, and recover from security incidents that may compromise the confidentiality, integrity, or availability of an organization's data or systems. Information Security Management is also responsible for conducting risk assessments to identify potential security threats and vulnerabilities, and for implementing controls and measures to mitigate those risks. By implementing incident response programs, Information Security Management can detect and respond to security incidents promptly, minimizing the impact on the organization and ensuring the confidentiality, integrity, and availability of its information assets.
To know more about Security Management, visit:
https://brainly.com/question/14951854
#SPJ1
26. Unions and apprenticeship programs provide job opportunities and information:
a. True
b. False
Answer:
a
Explanation:
true it provide job opportunities and information
yesterday i paid $51 for a crew neck. today, the same store is selling crew necks for $45. is this statement a consumer, producer surplus?
This statement is related to the concept of consumer surplus.
What is Consumer Surplus?Consumer surplus refers to the difference between the maximum amount a consumer is willing to pay for a product and the actual amount paid.
In this case, the consumer paid $51 for a crew neck, but the current price is $45, which means that they could have paid $6 less for the same product.
Therefore, the consumer could have received a $6 consumer surplus if they had purchased the crew neck today instead of yesterday.
Read more about consumer surplus here:
https://brainly.com/question/22775616
#SPJ1
In the context of business product categories, the marketing of business services_
O focuses on quality and relationships
O emphasizes productivity
O focuses on providing emergency products
O emphasizes standardization
Write a report to the management of Intel. Your report should include an evaluation of short-term liquidity, operating efficiency of intel in 2013,2012,2011
Which of the following general 2 points attitude functions is most closely related to the basic principles of reward and punishment? Value-expressive function O Ego-defensive function O Knowledge function Utilitarian function
The general attitude functions which is most closely related to the basic principles of reward and punishment is the Utilitarian function. The Option D is correct.
What should we know about the Utilitarian function?Utilitarian is the role that attitude can play in obtaining rewards, avoiding punishments, or both. For example, a person may have a favorable attitude toward one product because it is effective and a negative attitude toward its main competitor because it is ineffective.
Utilitarianism, in marketing, forces marketers to focus on providing resources that give buyers what they want and need. While that appears to be straightforward, the problem is that it contradicts the way most marketers are programmed.
Read more about Utilitarian
brainly.com/question/14453548
#SPJ1
An individual walks into your branch and wishes to open an account. In this account, the individual wishes to trade options and indicates that she would like to be approved for the sale of uncovered puts and calls. Industry regulations dictate that this customer must receive an Options Disclosure Document in what time frame?
[A] The ODD must be provided when the margin agreement is provided and signed.
[B] The ODD must be provided no later than when the confirmation of the first transaction in the account is delivered to the client.
[C] The ODD must be provided to the new client no later than the third business day following their first transaction.
[D] The ODD must be provided to the new client before the client is approved for options trading.
The Options Disclosure Document (ODD) is required to provide potential investors with information on the risks associated with options trading. The correct option among the given alternatives is D.
Industry regulations dictate that the ODD must be provided to the new client before the client is approved for options trading. The ODD is required to be provided to customers who wish to engage in options trading, especially when the customer wishes to trade options like uncovered puts and calls. It is important to note that the ODD must be provided to the customer before approving them for options trading. There are several provisions in the ODD that every individual should read before trading options. They include a summary of the risks involved, the exchange rules governing options trading, an explanation of margin requirements, and the tax consequences of options trading.
These provisions ensure that the individual is well informed before engaging in options trading. Conclusively, the ODD is required to be provided to the individual before the client is approved for options trading. This requirement is important because it ensures that potential investors are aware of the risks involved in options trading. The correct option among the given alternatives is D.
For more questions on Options Disclosure Document
https://brainly.com/question/17257519
#SPJ11
What is the difference between primary needs and secondary needs
The difference between primary needs and secondary needs are listed below:
Difference between primary needs and secondary needsPrimary needs: These are the basic necessities of life that are required for human survival, such as food, water, shelter, clothing, and medical care. Primary needs are essential for sustaining human life and health, and failure to meet these needs can result in severe consequences such as illness or death.
Secondary needs: These are the needs that are not essential for human survival but are necessary for a comfortable and fulfilling life. Secondary needs may include things like education, entertainment, travel, luxury goods, and other non-essential products and services. While secondary needs may enhance the quality of life, they are not necessary for basic survival.
In summary, primary needs are the fundamental requirements for human survival, while secondary needs are those that are desired for an improved quality of life but are not essential for survival.
Learn more about primary needs and secondary needs at https://brainly.com/question/30816929
#SPJ1
Under which of the following conditions should a firm ideally choose greenfield entry?a. When access to channels is difficult and expensiveb. When a rapid entry is needed to capture an opportunityc. When the company's brands are not well-known in a new marketd. When the customers in a new market are similar to existing customers
When consumers in a growing product are comparable to consumers in an existing market. (Choice d)
What exactly is the greenfield method?A system must be developed for a completely new environment, or "greenfield," and it must start from scratch with no existing code. It's a strategy utilised when you're beginning from scratch with no constraints or dependencies. When a business wishes to have the most control over its international operations, a direct investment is a frequent method of market entry.
New industries, power plants, and airports that are constructed entirely from scratch upon greenfield land are tangible instances of greenfield developments.
To know more about greenfield visit:
https://brainly.com/question/31055487
#SPJ1
the first law regarding civil rights was the civil rights act. true or false
False, The 1954 High Court ruling Brown v. Board of Education, that reversed racial integration schools all over the country, was the first significant event of the contemporary civil rights movement.
The very first civil rights laws were passed when?In the period following the Civil War, the Senate passed first ever civil rights legislation. The District of Columbia's Compensated Emancipation Act, introduced by Massachusetts senator Henry Wilson, was approved by the Senate on April 3, 1862.
A United States federal statute known as the Civil Rights Act of 1960 (Pub. L. 86-449, 74 Stat. 89, passed May 6, 1960) established federal inspections of local voting registration polls and imposed fines for those who interfered with someone's efforts to register to vote.
To know more about Civil Rights Act visit:
https://brainly.com/question/12447824
#SPJ1
FILL IN THE BLANK Fill in the blank: As a small business, creating videos to showcase your business or product requires only ______
As a small business, creating videos to showcase your business or product requires only a smartphone. With today's technology, smartphones have high-quality cameras and editing software that can produce professional-looking videos.
Small business owners can shoot videos of their products, their team at work, or even behind-the-scenes footage to give their customers an inside look into their company. The rise of social media platforms also provides small businesses with free platforms to share their videos and reach new audiences.
Video marketing is becoming an essential tool for small businesses to build brand awareness and engage with their customers. By using a smartphone to create videos, small businesses can save money on expensive equipment and production costs while still creating high-quality content.
To learn more about smartphones
https://brainly.com/question/14774245
#SPJ4
Need help with the worksheet
1) Assuming the tuition per annum is $10,000, Jada will owe $21,200 in student loans by the time she graduate.
2) The starting salary for graphic designer and Accountant according to the directory at "My Next Move" are: $31, 310 and $47, 970 respectively
3) If she thinks she'll like both careers equally, she should consider majoring in Accounting, from a student debt perspective. This is because, she can still learn Graphic Design as an elective and earn higher when she graduates at a higher starting salary than a graphic designer. She can still do Graphic Design as a side hustle.
4) Other facts might she want to took up for each career before making a final decision are: Career prospects, growth opportunities etc
Growth opportunities refer to chances for professional development, advancement, and increased responsibilities in a job or career. Such opportunities can include promotions, lateral moves, cross-training, leadership development programs, continuing education and skill-building, and networking.
In the above analysis, the Accounting Carrer path offers a lot of Growth Opportunities such as:
Also starting with a higher salary will enable Jada pay off her student loan in time.
The computation for how mush Jada will owe by the time she graduates is given as follows;
Total debt = (Federal loans offered per year + private loans taken per year - EFC per year) x number of years in school + tuition per year x number of years in school
Total debt = ($5,500 + $4,200 - $4,200) x 4 + $10,000 x 4
Total debt = $21,200
Therefore, Jada will owe $21,200 by the time she graduates.
Learn more about student loans on:
https://brainly.com/question/24501576
#SPJ1
Full Question:
Although part of your question is missing, you might be referring to this full question:
To save on room board, decided to attend local state and live with her parents.
Financial aid offer offers her $5,500 per year in Federal loans
Expected family contribution (EFC) is $4200 per year
Neither she nor her family can afford $4200, yearly, so she plans
to take private student loans for that full amount
Trying to decide between two career tracks, both of which are offered by her college:
Graphic designer, because she's artistic and loves computersAccountant, because she's great at math and she's done job shadowing in this areaUses the directory at My Next Move to look up the staring salaries for the positions she is interested in. (For the purpose of this activity, assume lowest salary is starting salary.)
1. How much will Jada owe in student loans by the time she graduates?
2. What's the starting salary for each career? (Tip: For each occupation, go to its page and scroll down to the Outlook box for salary information.)
3. If she thinks she'll like both careers equally, which should she consider majoring in, from a student debt perspective? Why?
4. What other facts might she want to took up for each career before making a final decision?
Explain the working of the economy of a capitalistic country
Answer:A capitalist economy allows for the private ownership and control of capital assets like mines, factories, and railroads as well as the purchase of labor for monetary wages, the accrual of capital gains to private owners, and the allocation of capital and labor between competing uses by prices (see "Supply and Demand").
Explanation:
an entry to write-off an uncollectible account does not change the net realizable value of accounts receivable.
Writing off an uncollectible account does not affect the net realizable value of accounts receivable when employing the allowance approach. In accordance with widely accepted accounting rules, the direct write-off technique is used.
What does the direct write-off technique for uncollectible accounts entail?The straight write-off method is an accounting approach for recording bad debt. When employing this strategy, businesses wait until it has been determined that a debt is uncollectible before marking it as such in their records. The amount that is uncollectible is deducted from a bad debt account, and the equivalent amount is added to accounts receivable.
After write-off, what is the accounts receivable's cash realizable value?The amount of cash left over after deducting the uncollectible amount from an account receivable is known as the cash realizable value. The balance of accounts receivable and the provision for doubtful accounts on a company's balance sheet are combined to get this net sum.
To know more about uncollectible visit:-
https://brainly.com/question/21043673
#SPJ1
which of the following statements are true about laddering a series of activities in a project network? (check all that apply.)
Laddering a series of activities in a project network refers to the process of dividing the project into smaller parts, which can be completed independently. The smaller parts are known as activities, which are usually listed in a sequence to make up the project.
Laddering a series of activities in a project network allows the project manager to identify the critical path and the duration of the project. The following statements are true about laddering a series of activities in a project network:1. The activities in a network are arranged in a sequence, and each activity is dependent on the previous one.2. Each activity has a specific duration and a defined start and end time.3. The critical path is the longest sequence of activities that must be completed to finish the project.4. The duration of the project is equal to the duration of the critical path.5. The critical path determines the earliest start time and the latest finish time for each activity in the network.6. Laddering a series of activities in a project network helps to identify the tasks that can be completed concurrently. This can reduce the duration of the project and make it more efficient.7. Laddering a series of activities in a project network also helps to identify the tasks that are not critical and can be delayed without affecting the completion time of the project. This can reduce the cost of the project by allowing resources to be used more efficiently.
for more such question on sequence
https://brainly.com/question/7882626
#SPJ11
illicit drug use is highest among mining and construction workers compared to other professions such as hospitality and the food industry.
Contrary to occupations like hospitality and the food sector, mining and construction employees use illicit drugs more frequently than other occupations.
Which illegal substance had the highest rate of abuse or dependency during the previous year, and which was followed by in 2011 in terms of drug dependence?However, the amount (20.6 million) was less in 2011 than it was in 2010. (22.2 million). In 2011, marijuana (4.2 million users), painkillers (1.8 million users), and cocaine were the particular illegal substances with the highest levels of past-year dependency or abuse. (0.8 million).
What kind of medicine is most popular?Because of benefits including ease of oral drug administration, patient choice, cost effectiveness, and simplicity of producing oral dosage forms on a wide scale, oral medicine is the most popular method of drug administration.
To know more about hospitality visit:-
https://brainly.com/question/16910902
#SPJ1
which of the following would cause the balance sheet to appear stronger and income statement to appear more profitable than it should?
There are a number of methods, including manipulating expenses, accelerating or delaying revenue recognition, understating liabilities, and overstating assets.
Which of the following would make the income statement appear more profitable than it ought to and the balance sheet appear stronger?Which of the following would make the income statement appear more profitable than it should and the balance sheet appear stronger than it should? capitalising expenses that ought to be incurred. Because an asset is debited rather than an expense when costs that should be expensed are capitalised, assets are overstated.
Which of the following has an impact on both the income statement and the balance sheet?Acquisition of Inventories. Both the income statement and balance sheet will be impacted by the inventory transaction. Option D is the correct answer.
To know more about assets visit:-
https://brainly.com/question/13848560
#SPJ1
FILL IN THE BLANK.To find the total bond value, add the present value of the amount paid at maturity to the _____ of the annual coupon payments.
Add the current value of the sum that is due at maturity with the annuity current value of the coupon payments payments to determine the bond's total value.
Now what you mean by present value of an annuity?With a specific rate of return, or concession rate, the expected cash of an annuity is indeed the current worth of the prepayments from an annuity. The current value of a annuity decreases as the concession rate increases. In annuity contracts, the words current value and potential value are frequently employed. An annuity's future value refers to the total which will be attained over time, as opposed to its present value, which is the amount that must be spent now to ensure a desired future payment.
To know more about current value visit:
https://brainly.com/question/23554766
#SPJ1
When an Ad for a municipal 529 plan is going to be run, it must include a toll-free telephone number where the investor can obtain the total return information
When an Ad for a municipal 529 plan is going to be run, it must include a toll-free telephone number where the investor can obtain the total return information current to the most recent month-end.
Total return is the genuine pace of return of a venture or a pool of speculations over a period.
Total return incorporates interest, capital additions, profits, and acknowledged disseminations.
Total return is communicated as a level of the sum contributed.
Total return is serious areas of strength for an of a venture's general presentation.
Total return is how much worth a financial backer procures from a security over a particular period, normally one year, when all disseminations are reinvested. Total return is communicated as a level of the sum contributed. For instance, a total return of 20% means the security expanded by 20% of its unique worth because of a cost increment, dispersion of profits (if a stock), coupons (if a bond), or capital increases (if an asset). Total return is areas of strength for an of a venture's general presentation.
to know more about total return click here:
https://brainly.com/question/28165464
#SPJ4
the complete question is:
When an Ad for a municipal 529 plan is going to be run, it must include a toll-free telephone number where the investor can obtain the total return information____________________________________.