Contribution margin is____
A. is not affected by changes in activity
B. becomes profit after fixed expenses are covered
C. equals sales minus fixed expenses
D. is first used to cover variable expenses

Answers

Answer 1

Answer:

D

Explanation:

determining the minimum possible price at which to sell a product


Related Questions

How does a racial caste system and mass incarceration affect the eligibility for black and brown American citizen rights, including financial assistance programs?

Answers

Many Americans believed that discrimination in housing, education, employment, and voting rights had been eliminated by the civil rights laws of the 1960s, yet it is currently entirely permissible to do so against anyone who is classified as a "felon."

What is the situation of black and brown American citizen rights?

Today, there are more African Americans in prison or jail, on probation, or on parole than there were when they were slaves in 1850.

Racial discrimination is still as prevalent today as it was during slavery or the post-slavery era of Jim Crow segregation because many more individuals of color than whites are rendered felons by the entire system of mass imprisonment. The thesis of a book that inspired a fresh social movement is as follows: The New Jim Crow: Mass Incarceration in the Age of Colorblindness by Michelle Alexander.

With the adoption of the Civil Rights Act of 1964 and the Voting Rights Act of 1965, the fierce Civil Rights movements of the 1950s and 1960s appeared to put an end to the Jim Crow era. But as the book shows, the racial caste structure still exists; it has just been reorganized. Alexander discusses how the "War on Drugs" targets black men as part of the criminal justice system's new racial control scheme.

To learn more on African-American from the link:

https://brainly.com/question/24840268

#SPJ1

country f has a population of 300, 250 workers working 5 hours a day, and 1000 units of capital. country q has a population of 100, 95 workers working 8 hours a day, and 2300 units of capital. on feb 13, 2023, both countries produced 1000 pieces of final good. which of the following choices is correct?

Answers

The correct answer is that both countries have the same level of productivity. Productivity is defined as the amount of output produced per unit of input, such as labor or capital.

Comparing data

In this case, both countries produced 1000 pieces of final good on Feb 13, 2023, despite having different levels of population, workers, working hours, and capital.

This means that both countries were able to produce the same amount of output with different levels of input, indicating that they have the same level of productivity. To calculate productivity, we can use the formula:

Productivity = Output / Input

For country F:

Productivity = 1000 / (300 + 250 + 1000)

= 1000 / 1550 = 0.645

For country Q:

Productivity = 1000 / (100 + 95 + 2300)

= 1000 / 2495 = 0.401

As we can see, both countries have the same level of productivity, despite having different levels of input.

Therefore, the correct answer is that both countries have the same level of productivity

Learn more about productivity at

https://brainly.com/question/2992817

#SPJ11

Firms colluding: a. Earn short run normal profits. B. Increase competition by firms through advances in technology. C. Earn short run economic losses. D. Earn short run economic profits

Answers

Answer:

D. Earn short run economic profits

Explanation:

A cartel can be defined as a formal agreement reached (collusion) in an oligopolistic industry between two or more business firms that are saddled with the responsibility of producing goods and services in order to make price and output decisions such as price regulation, total level of output or supply, allocation of customers, market shares, territory allocation, division of profits, collusive bidding etc.

This ultimately implies that, when a group of independent firms in an oligopolistic industry collude by reaching a formal agreement to regulate supply, as well as manipulate or regulate prices, they do so to increase their profits and market dominance.

Hence, firms colluding earn short run economic profits.

Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $156,000. The machine's useful life is estimated to be 20 years, or 110,000 units of product, with a $1,000 salvage value. During its second year, the machine produces 4,400 units of product. Determine the machines' second-year depreciation under the straight-line method.

Multiple Choice

$7,800.


$6,240.


$6,200.


$7,850.


$7,750.

Answers

Answer:

Explanation:

Annual depreciation=(cost-salvage value)/useful life

Annual depreciation =(156,000-1000)/20

Annual depreciation =$7750/year

Hence Depreciation for second year=$7750.

What is the alignment and coordination of multiple activities in an organization?
Group of answer choices

management

sustainability

business culture

philanthropy

Answers

The alignment and coordination of multiple activities in an organization is typically associated with the concept of management

What is management?

Management involves overseeing and organizing various activities within an organization to achieve its goals and objectives efficiently and effectively

It includes activities such as planning organizing coordinating and controlling resources and efforts to ensure that different parts of the organization work together cohesively towards common goals Therefore among the options provided "management" best represents the alignment and coordination of multiple activities in an organization

Read more on management here:https://brainly.com/question/1276995

#SPJ1

In this unit, you learned about using the internet for business purposes. What forms of business communication rely on the internet? How do these forms differ from each other? What are some of the risks associated with internet-based communication? Which form do you think businesses find most useful for reaching the public? Why?

Answers

Answer:The forms of business purpose is Email, instant messaging, websites, blogs, text messaging, voicemail and video messaging.Each form have there way of doing things like emailis a message.and video message is a massage but you can see who you are talking to.The Form that I think is useful is Email because everyone use it.

ty

By saving time and money, switching from paper to electronic communications might actually make it easier for your company to communicate. A few types of electronic communication include email, instant messaging, websites, blogs, text messages, voicemail, and video messaging.

What do you mean by the business Communication?

Information sharing in the workplace and with external parties is referred to as business communication.

Digital media are used in internet marketing to spread awareness of your company and encourage customers to buy your goods and services.

According to the guidelines, despite the huge and constantly expanding range of issues categorized as online safety, they may be divided into four categories of risk: content, interaction, conduct, and commerce.

A useful electronic communication tool for marketing is the blog. Electronic communication that is effective has a distinct message.

Therefore, by saving time and money, switching from paper to electronic communications might actually make it easier for your company to communicate. A few types of electronic communication include email, instant messaging, websites, blogs, text messages, voicemail, and video messaging.

To know more about the business communication, visit:

https://brainly.com/question/29891921

#SPJ2

true or false: it’s always immediately obvious when boundaries are crossed in a relationship.

Answers

Answer:

True?

Explanation:

I hope this was right!

Answer: i’m pretty sure it’s true.

Explanation:

a change in the way they act towards you is an example.

An investor sells 150 shares of Amazon (AMZN) stock at $35.00 and pays a $7 commission. What is the total amount of money received by the investor ?

$5,243
$5,250
$5,520

Please help me answer it correctly

Answers

Answer:$5,257 well....thats not an option so im sorry....if i were to guess based on answer opitons i would pick $5,243

Explanation:

:)

Robert makes $10 an hour. He is paid double time for any overtime over

40 hours. If he worked a total of 46 1/2 hours last week, what is his

overtime pay? *

O $400

$465

$130

$65

Answers

The answer you’re looking for is
$465
I hope this helps! Have a good rest of your day/night :)
I think it’s $465

Because he had been working 46 1/2 hrs last week and he get pain for $10 an hour so I would be $465

Ceiling tile installers, tapers, and drywall installers all work together in the preparation for and installation of wallboards and tile onto
ceilings and walls.
True
False

Answers

Answer:

true

Explanation:

because they are all looking toward the same goals so they would need to work together

How does the trade benefit the society?

Answers

Answer:

Trade is critical to America's prosperity - fueling economic growth, supporting good jobs at home, raising living standards and helping Americans provide for their families with affordable goods and services.

Often a company will use status quo pricing the primary advantage of employing this pricing strategy is that it
The biggest advantage of using a status quo pricing strategy is that it requires little planning. Unlike some other pricing strategies, a status quo approach does not require a company to make major changes to its pricing structure.

Answers

An strategy to pricing that maintains the status quo comprises gradually increasing the cost of our product to meet a benchmark.

What is the status quo approach?

a reactive marketing approach characterized by a desire to avoid conflict with rivals; the business wants to maintain the status quo in the sector and avoid the costly process of going up against a direct rival.

What effect does the status quo have on business?

How can status quo bias influence financial and business decisions? A business owner who has a status quo bias may be reluctant to take chances or make changes. They might carry on doing so even if taking the risk will ultimately help them reach their financial objectives.

To know more about status quo visit:

https://brainly.com/question/29610365

#SPJ4

Assume the spot price of the US dollar against the dirham is 9dh/$. The exercise price in a put option is 9.2dh/$ and the premium is 0.4dh/$. The buyer of the put will

Answers

A put option gives the buyer the right, but not the obligation, to sell the underlying asset (in this case, the US dollar) at the exercise price (in dirhams).

In this scenario, the spot price of the US dollar against the dirham is 9dh/$, and the exercise price in the put option is 9.2dh/$. This means that the buyer of the put option has the right to sell US dollars for 9.2 dirhams per dollar, even if the spot price drops below that level.

The premium for the put option is 0.4dh/$, which means that the buyer pays 0.4 dirhams per dollar to the seller of the put option for the right to sell US dollars at the exercise price of 9.2 dirhams per dollar.

If the spot price of the US dollar against the dirham drops below the exercise price of 9.2dh/$, the buyer of the put option can exercise their right to sell US dollars at the higher exercise price of 9.2dh/$, making a profit on the trade.

On the other hand, if the spot price of the US dollar remains above the exercise price, the buyer of the put option may choose not to exercise their right to sell at the lower price, and they will lose the premium they paid for the option.

Therefore, the buyer of the put option is hoping that the spot price of the US dollar against the dirham will drop below the exercise price of 9.2dh/$, so that they can sell their US dollars at the higher exercise price and make a profit.

Question 1 of 10
Which of these are long-term impacts of having a good credit history?

Answers

Answer:

can you add a screenshot to the question

Explanation:

(214) 1. Distinguish between technical efficiency and allocative efficiency. Use the two concepts of efficiency to compare a perfect market structure with a monopoly.​

Answers

Technical efficiency refers to the ability to produce the maximum output from a given set of inputs or resources. It focuses on the production process and achieving the highest output level with the least amount of resources wasted. Technical efficiency emphasizes optimizing the production process to minimize costs and maximize productivity.

Allocative efficiency, on the other hand, relates to the allocation of resources in a way that maximizes overall social welfare. It refers to the ideal allocation of resources that matches consumers' preferences and demands. Allocative efficiency ensures that resources are allocated so that goods and services align with consumer preferences. This results in the best outcome for society.

When comparing an ideal market structure with a monopoly in terms of efficiency, there are significant differences. In an ideal market structure, characterized by complete competition, both technical and allocative efficiency is typically achieved. Many buyers and sellers exist, information is freely available, and no single entity controls the market. Competition drives firms to produce at the lowest cost and offer goods and services that match consumer preferences, leading to technical and economic efficiency.

In contrast, a monopoly represents a market structure where a single firm dominates the industry and has substantial market power. In terms of technical efficiency, a monopoly may not necessarily achieve the same level as a perfectly competitive market. Due to the lack of competition, a monopoly may not have the same incentive to minimize costs or innovate as efficiently as possible. This can result in higher production costs and lower technical efficiency.

Regarding allocation efficiency, monopolies often fail. Without competition, a monopolistic firm can set prices higher than the marginal cost of production, resulting in a suboptimal allocation of resources. The monopolist may prioritize maximizing profits rather than satisfying consumer preferences. This leads to a less efficient allocation of resources than in a perfectly competitive market.

Overall, an ideal market structure exhibits higher levels of technical and allocative efficiency than a monopoly. When true competition promotes resource optimization and consumer satisfaction, resulting in more efficient resource allocation.

The City of Houghton enacted an ordinance that forbids religious groups from distributing religious materials within the city limits of Houghton unless the distributor is granted a permit. Other types of materials can be distributed without a permit. What concerns do you have about the constitutionality of this ordinance?

Answers

The concerns that have about the constitutionality of this ordinance are Freedom of Religion, Content-Based Restrictions, Prior Restraint, Equal Protection and Unfettered Discretion.

Here are a few major concerns:

Religious Freedom: The First Amendment to the United States Constitution provides religious freedom, which includes the right to practise and express one's religious views. Content-Based limitation: By treating religious materials differently from other types of materials, the ordinance appears to impose a content-based limitation on communication. Prior constraint: Requiring religious organisations to seek a licence before disseminating religious materials is a type of prior constraint on speech. Equal Protection: If the ordinance treats religious groups differently than other groups or items, it may raise questions regarding legal equality. Unrestricted Discretion: If local officials have unrestricted discretion in choosing who gets a permit, there is a possibility of viewpoint discrimination or bias.

For such more question on Restrictions:

https://brainly.com/question/30667577

#SPJ8

Why is the stock price of a company an indication of the performance of that company's senior managers?

Answers

Answer:

In general, people want to invest in a well-managed corporation, which will drive up the price of shares.

The stock price of a company is often considered an indication of the performance of that company's senior managers for several reasons:

Market Perception: The stock price reflects the collective perception of investors and the market about the company's current and future prospects.

If investors have confidence in the company's management and believe that they are making sound strategic decisions, it can lead to an increase in the stock price.

Financial Performance: The stock price is influenced by the company's financial performance. Senior managers are responsible for making key decisions that impact the company's revenue, profitability, and growth.

A well-performing company is more likely to have a higher stock price, indicating effective management practices

However, it is important to note that the stock price is just one metric to evaluate the performance of senior managers.

Other financial and non-financial metrics, such as revenue growth, profit margins, employee satisfaction, customer retention, and innovation, also play a crucial role in assessing management performance comprehensively.

Learn more about Market Perception here:

brainly.com/question/34504472

#SPJ3

1. free corporation is a full-service internet provider. it has 295 employees located in six states. you are the hr director and are evaluating the following alternative policies and will compose a policy which is legally and practically better than any of the following alternatives.

Answers

Today, the term "policy making" more accurately refers to the process of creating organisational policies. Some policies are fundamental components of the organization's strategy and apply at the highest levels.

In the given question,

Free corporation should follow policy one as by following policy one it will assign additional point to any applicant who is member of under represented group or having disability.

As by this process, Free corporation won't require to change their hiring standards, other parameters like technical knowledge, personality type, experience and many more.

So by giving extra point they are just giving extra advantage to this people over normal people and by this slowly and steadily without hampering the performance of the company and culture of the company they can imbibe this people.

Learn more about Policy making here: https://brainly.com/question/1658845

#SPJ4

At which restaurant are you more likely to receive excellent service (according to Online Reviews, where a rating of 5 or higher represents excellent service)

Answers

the one with 5 stars

According to the box "Reaching Beyond Our Borders, Tesla was able to do the impossible feat of
Multiple Choice
opening up a new auto plant in China in under 18 months.
sending the first U.S. citizen to the moon.
building an electric bicycle that can be recharged on solar power.
building over 1 million vehicles each year.

Answers

Answer: Based on the information provided in the box “Reaching Beyond Our Borders,” the correct answer would be option A: opening up a new auto plant in China in under 18 months.

Final answer:

In the indicated time, Tesla indeed managed to complete the incredible achievement of opening a new auto manufacturing plant in China in under 18 months, a testament to their commitment to advancing the use of renewable energy and marking a significant expansion in their global presence.

Explanation:

According to the box 'Reaching Beyond Our Borders', Tesla was able to accomplish the seemingly impossible feat of opening up a new auto plant in China in under 18 months. This accomplishment was striking as it signified a significant leap towards promoting sustainable energy on a global level, given Tesla's primary focus on electric vehicles. Meanwhile the options of - sending the first U.S. citizen to the moon, building an electric bicycle that can be recharged on solar power, and building over 1 million vehicles each year - do not correctly match the facts reportedly associated with Tesla's activities within the given timeframe.

Learn more about Tesla here:

https://brainly.com/question/33326451

#SPJ2

All of the following developments would be considered material nonpublic information EXCEPT:

Answers

Information about a firm that has not been made public but that may have an impact on the share price is referred to as material nonpublic information.

The required details for material nonpublic information in given paragraph

Holders of material information that is not generally known are not permitted to use the knowledge for stock trading purposes. Sharing this information with anyone who utilize it to gain an advantage in the marketplace is likewise prohibited. It doesn't matter how or by whom the crucial private information was obtained, or even if the source was a worker for the firm. Assume, for instance, that someone tells a buddy about nonpublic material information that they learned from a family member.

All three parties involved may face charges if the buddy takes advantage of this insider knowledge to make money on the stock market.

To know about material nonpublic information in given link

https://brainly.com/question/9944946

#SPJ9

The reasons to study economics include which of the following?
to learn a way of thinking
to be an informed voter
to understand society and global affairs
all of the above

Answers

I would say all of the above.
These are all the reasons that I study economics.

introduction of business presentation on investment: securities​

Answers

Securities play a vital role in modern investment portfolios, providing individuals and organizations with opportunities to grow their wealth and achieve their financial goals.

Securities are financial instruments that represent ownership or a creditor relationship with a corporation, government, or other organizations. They are tradable assets, such as stocks, bonds, mutual funds, and exchange-traded funds (ETFs).

The primary goal of investing in securities is to generate returns through capital appreciation, income generation, or a combination of both. By investing in securities, individuals and businesses can diversify their portfolios, mitigate risks, and potentially earn higher returns than traditional savings accounts.

Securities offer various advantages to investors. Stocks provide an ownership stake in a company, offering potential capital gains and dividend income. Bonds, on the other hand, represent loans made to governments or corporations and offer fixed interest payments. Mutual funds and ETFs enable investors to pool their money and gain exposure to a diversified portfolio managed by professionals.

Investing in securities requires careful consideration of individual risk tolerance, investment horizon, and financial objectives. It is crucial to conduct thorough research, analyze market trends, and seek professional advice when making investment decisions.

For more questions investment portfolios

https://brainly.com/question/31995785

#SPJ8

Drag and drop each type of shrink to the correct location.
Internal Shrink
2020 DOLLAR GENERAL
Robberies
Burglaries
Shoplifting
Paperwork errors
Fraudulent transactions
Employee theft
Sliding merchandise
Vendor theft/fraud
External Shrink
ShrinkAwarenessKC_20201112

Answers

Answer:

Internal Shrink

Employee theft

Paperwork errors

Fraudulent transactions

Sliding merchandise

External Shrink

Robberies

Burglaries

Shoplifting

Vendor theft/fraud

Note: Shrink refers to the loss of inventory or revenue due to various reasons such as theft, damage, errors, etc.

Explanation:

Which of the following explains why individuals accept the risks of business ownership?

Answers

The option that  explains why individuals accept the risks of business ownership is B. The sense of self-satisfaction and independence

What is Business ownership ?

Business ownership can be described as the  legal control over a business which provide the owner the legal capacity to dictate the business operations and dealings however the major business ownership are  Sole Proprietorships, Partnerships as well as others.

However, Business risk  serves as the exposure a company or organization has to figure out which could bring about the lowering of its profits or cause it to go bankrupt , however the sources of business risk can be seen to be  varied but can range from changes in consumer taste  hence the state of the overall economy, and government rules and regulations.

Therefore, option B is correct.

Learn more about ownership at:

https://brainly.com/question/25734244

#SPJ1

missing options:

A. The potential for learning how to be self-disciplined

B. The sense of self-satisfaction and independence

C. The challenge of seeking power

D. The desire to work fewer hours

Portman company operating at full capacity sold 1000000 units at a price of $188 per unit during the current year , it’s income statement is as follows

Answers

Answer:

Portman Company

1. The total variable costs and the total fixed costs for the current year are:

Total variable costs $88,000,000

Total fixed costs      $40,000,000

2. Determination of (a) the unit variable cost and (b) the unit contribution margin for the current year.

a) Unit variable cost               $88

b) Unit contribution margin   $100

3. The break-even sales (units) for the current year are:

= 400,000 units.

4. The break-even sales (units) under the proposed program for the following year are:

= 450,000 units.

5. The amount of sales (units) that would be necessary under the proposed program to realize the $60,000,000 of operating income that was earned in the current year is:

= 1,050,000,000 units.

6. The maximum operating income possible with the expanded plant is:

= $61,000,000.

7. If the proposal is accepted and sales remain at the current level, the operating income or loss be for the following year will be:

= $55,000,000.

8. Based on the data given (1 - 6), would you recommend accepting the proposal?

 

In favor of the proposal because of the possibility of increasing income from operations.

Explanation:

a) Data and Calculations:

Sales units = 1,000,000

Selling price = $188

                                                   Total

Sales                   $188,000,000

Cost of goods sold          (100,000,000)

Variable cost of goods sold = $70,000,000

Fixed cost of goods sold =      $30,000,000

Gross profit                      $88,000,000

Expenses:    

Selling expenses             $16,000,000

Variable selling expenses $12,000,000

Fixed selling expense = $4,000,000  

Administrative expenses  12,000,000

Variable administrative expenses = $6,000,000

Fixed administrative expenses = $6,000,000  

Total expenses               (28,000,000)

Operating income         $60,000,000

The division of costs between variable and fixed is as follows:

                     Variable      Fixed

Cost of goods sold          70% 30%  

Selling expenses                 75%         25%  

Administrative expenses 50%         50%  

                                                           Total           Unit Cost

Variable cost of goods sold =     $70,000,000      $70

Variable selling expenses             12,000,000         12

Variable administrative expenses 6,000,000          6

Total variable costs =                 $88,000,000      $88

Contribution margin = $100 ($188 - $88)

Fixed cost of goods sold =       $30,000,000

Fixed selling expense =                4,000,000  

Fixed administrative expenses = 6,000,000

Total fixed costs =                    $40,000,000

Break-even sales units = $40,000,000/$100 = 400,000 units

Proposal:

Sales revenue increase = $11,280,000

Fixed costs by $5,000,000 to $45,000,000 ($40 million + $5 million)

Sales units increase = 60,000 ($11,280,000/$188)

Break-even sales units = 450,000 ($45,000,000/$100)

Units to realize target profit of $60,000,000:

= ($45,000,000 + $60,000,000)/$100

= $105,000,000/$100

= 1,050,000,000 units

Profit with the expanded plan

= Total contribution - Fixed Costs

= $100 * 1,060,000 - $45,000,000

= $106,000,000 - $45,000,000

= $61,000,000

With sales at current level of 1,000,000 units

Sales revenue =      $188,000,000

Variable costs            88,000,000

Contribution           $100,000,000

Fixed costs                45,000,000

Operating income  $55,000,000

Althea Brown contributed equipment, inventory, and $34,000 cash to a partnership. The equipment had a book value of $23,000 and a market value of $29,000. The inventory had a book value of $60,000 but only had a market value of $15,000 due to obsolescence. The partnership also assumed a $12,000 note payable owed by King that was used originally to purchase the equipment. Provide the journal entry for Brown’s contribution to the partnership. 5pts.

Answers

The journal entry for Brown’s contribution to the partnership are:

Dr. Cash 34,000

Dr. Inventory 15,000

Dr. Equipment 29,000

Cr Notes Payable 12,000

Cr Althea Brown, Capital 66,000

For instance, the accompanying effects might be felt on the partner's capital record and outside premise: Commitments to the association - Build the capital record and outside premise. Appropriations: Lessens the capital record and outside premise.

These capital records address the responsibility for the organization by the accomplices. The Accomplices' Capital Record is an Individual record since it was intended for reporting changes connected with accomplices' capital.

Given:

Dr. Cash 34,000

Dr. Inventory 15,000

Dr. Equipment 29,000

         

         Cr Notes Payable 12,000

         Cr Trevor Smith, Capital 66,000

         (78,000-12,000)

Learn more about journal entry:

https://brainly.com/question/20421012

#SPJ1

A broker is advertising another employing broker listing. Which of the following is not a true statement about the ad?

Answers

There are different ways to advertise and they include:

NewspaperMagazineDirectoriesBroker listings, etc.

What is an Advertisement?

This refers to the use of marketing techniques to create awareness for a good or service in order to create demand for it.

Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.

Read more about advertisement here:

https://brainly.com/question/25528284

In which area does Suzy have an absolute advantage?

Answers

In local area Suzy have an absolute advantage. Suzy is a complete consumer insights platform that combines high quality audiences, quantitative data, and qualitative data into an one connected research cloud. Set up a demo. Investigate the Platform.

Absolute advantage is a term used in economics to describe a party's better capacity for output. Suzy specifically means the capacity to create a specific commodity or service for less money than a rival. Saudi Arabia is an obvious example of a country having an absolute edge over other countries since it has access to plentiful oil reserves. Other examples include Zambia, which has some of the richest copper mines in the world.

To learn more about absolute advantage, click here.

https://brainly.com/question/13221821

#SPJ1

Based on the following information, calculate net income for Dana's Dress Shop using the traditional format.Sales $360,000Gross Margin $140,000Contribution Margin $110,000Total Selling & Administrative Exp. $60,000a) $160,000b) $190,000c) $80,000d) $50,000

Answers

According to the provided statement, Dana's Dress Shop's typical net income is $80,000.

What is an example of an income?

For many people, an illustration of income would just be their wage from a job. Any money that a person or corporation receives in exchange for labor, the creation of goods and services, or the investment of capital can be considered income.

using the traditional formula to get Dana's Fashion Shop's net income

USING TRADITIONAL FORMAT, NET INCOME

Using this equation

Gross Margin - Total Sale & Administrative Cost = NET INCOME

When the gross margin is $140,000.

$60k in selling and administrative costs.

Let's enter the formula.

Net income is $140,00-$60,000.

$80,000 in net income

As a result, the NET INCOME is $80,000.

To know more about Income visit:

https://brainly.com/question/28003025

#SPJ4

Other Questions
according to ________, our society and healthcare institutions discriminate against certain diseases, which may affect the patient and the kind of care he or she receives. helpppppppppppppppppppppp You deposit $6000 in an account that earns 3% annual interest. Find the balance after 6 years if this interest iscompounded with the given frequency. Suppose that a firm's production function is given by: Q=14L-L2for Lequals=0 to 7, where L is labor input per day and Q is output per day. Derive and draw the firm's demand for labor if the firm's output sells for$10in a competitive market.The marginal product of labor (MPL) is 14-2L.Using the line drawing tool, draw the firm's labor demand curve. Label this curve DL.Carefully follow the instructions above, and only draw the required objects. Hurry!Solve for X, Round to the nearest tenth, if necessary what is the slope of the line that passes through the points (5,9)and (-3,9). e the correct form of verbs1. For several years his ambition ________ to be a pilot.A. is B. has been C. was D. had been In a survey of 2000 U.S adults, 70% said that they would support a national policy requiring rooftop solar panels to be installed on all new homes. The margin of error is plus or minus 2.2%. Give an interval that is likely to contain the exact percent of all U.S adults who would support this policy Find the area bounded by the graphs of the indicated equations over the given interval. y = x2 - 15; y = 0; -35x50 The area is square units, you need the previous answer to tell how to do the answer. "1232". Now that that's over with, onto the question.The bakers recipe for a loaf of bread calls for 12 ounces of flour. If he uses all of his flour to make loaves of bread, how many full loaves can he bake in two weeks? You are teaching your friend how to drive a boat. You drive 4 miles to an open location andthen let your friend drive for 15 minutes at a rate of 1.25 miles per 15 seconds. What totaldistance do you and your friend cover? 12) Ground beef is required to be cooked to a minimum temperature of a) 135F b) 145F c) 155F d) 165F find the angle between the vectors : a- u=(1,1,1), v = (2,1,-1) b- u=(1,3,-1,2,0), v = (-1,4,5,-3,2) the plan is a preliminary, approximate schedule of an organizations overall operations that will satisfy the demand forecast at minimum cost. FIRST TO COMMENT GETS BRAINLIST HOPE I MAKE YOUR DAY Which sentences in the following passage use correctly spelled -ie and -ei words? Select all that apply.While playing flag football, Nicole slipped on the feild and hurt her leg. His roommate retrieved his phone so he could call his parents. When the paramedics came, they perceived that she should go to the emergency room. discuss the manner in which java passes parameters to a method. is this technique consistent between primitive types and objects? explain. Skylar is going to invest in an account paying an interest rate of 3.5% compounded daily. How much would Skylar need to invest, to the nearest hundred dollars, for the value of the account to reach $670 in 10 years? Which systems are worth sharing on a transnational basis, from a cost and feasibility point of view? . How did the racial problems in the US in the 1940s-50s change the perception of the US abroad?