Contribution margin is known as (a). Marginal income (b). Gross profit (c). Net income (d). Net profit
Question:
Contribution margin is known as
(a). Marginal income
(b). Gross profit
(c). Net income
(d). Net profit
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (2 reviews)
a Marginal income Contribution margin is not the same as gross profit Let me explain the concept of ...View the full answer
Answered By
User l_973071
I have a Bachelor of Science degree with a focus on biological, social, and mathematical fields. Throughout my academic journey, I have gained valuable knowledge and practical experience in these areas, enabling me to develop a well-rounded understanding of the subjects.
In the field of biology, my education has equipped me with a strong foundation in various sub-disciplines, such as molecular biology, genetics, physiology, and ecology. I have gained hands-on experience in laboratory techniques, data analysis, and scientific research methods. This has allowed me to explore the intricacies of the biological world, from the microscopic level of cells to the broader ecosystem dynamics.
Regarding social sciences, my coursework has encompassed subjects like psychology, sociology, and anthropology. I have delved into the complexities of human behavior, societal structures, and cultural influences. This multidisciplinary approach has broadened my perspective on how individuals and communities function, interact, and shape the world around them.
Mathematics has been an integral part of my academic journey as well. Through my studies, I have developed a solid understanding of various mathematical concepts, including calculus, statistics, and algebra. I have honed my problem-solving skills and analytical thinking, which are essential in tackling complex mathematical and scientific challenges.
In addition to my formal education, I have also gained tutoring experience in these fields. I have worked as a tutor, assisting students with their coursework, assignments, and exam preparation. This experience has allowed me to effectively communicate complex concepts in a clear and concise manner, adapting my teaching style to suit the needs of each student. I find great satisfaction in helping others understand and appreciate the subjects I am passionate about.
Overall, my education and tutoring experience in the biological, social, and mathematical fields have shaped me into a knowledgeable and versatile individual. I am eager to continue expanding my expertise in these areas, while also sharing my knowledge with others to foster a deeper understanding and appreciation of the sciences.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Zvinakis Mining Company paid $200,000 for the rights to mine lead in southeast Missouri. The cost to drill and erect a mine shaft was $2,400,000, and equipment to process the lead ore before shipment...
-
Is DB = DC? Explain. A B C D
-
Is DB = DC? Explain. A B C D
-
A trader has a soft limit of $8MM USD and a hard limit of $10MM USD. Their current NOP is $3MM USD. They purchase $6MM USD, sell $1MM USD, and then purchase another $5MM USD. Which of the following...
-
Quality Cosmetics, Inc., has developed a set of nonfinancial measures to evaluate on-time product delivery for one of its best-selling cosmetics. The following data have been generated for the past...
-
Give three examples of a business decision for which you would not use a decision support system or any other software. Give three non-business examples. Explain your choices.
-
Briefly describe what a credit default swap is and how it is generally used.
-
Tungach Ltd make and sell a single product. Demand for the product exceeds the expected production capacity of Tungach Ltd. The holding of stocks of the finished product is avoided if possible...
-
Create a transition table for the following DFA: 1 90 0 91 1 0 92 1
-
Telstar uses job order costing. The T-accounts below summarize its production activity for the year. 1. Compute the amount for each of the following. a. Direct materials used b. Indirect materials...
-
Compared with absorption costing when will variable costing report lower profits, higher profits, the same profits?
-
How do income statements prepared under the absorption costing and marginal costing concepts differ?
-
In problem 1, if the S&P Index futures contract goes up to $1,283.60, what will be the total dollar profit on the contract? What is the percent return on the initial margin? If this price change...
-
Mr. Tiffany would love to use E-micro gold future contracts to hedge his holding of 3200 shares of GLD which are trading at $166.36/share. he worries that the gold price may fall between 15th...
-
Rose Corporation sells backpacks. Variable costs for this product are $ 3 1 per unit, and the sales price per unit is $ 5 1 per unit. Total fixed costs amount to $ 8 2 , 0 0 0 . How many backpacks...
-
During 2 0 2 5 , Wildhorse Corp. entered into the following transactions. 1 . Borrowed $ 6 1 , 0 0 0 by issuing bonds. 2 . Paid $ 9 , 3 5 0 cash dividend to stockholders. 3 . Received $ 1 8 , 8 0 0...
-
I need help with the attached, I need to develop a leadership theories matrix that describes the definition and characteristics of various leadership theories and approaches to leadership (trait...
-
What is leadership philosophy statement? 2. Write philosophy statement in all of the following areas to articulate your philosophy in leadership. Including the major components in leadership...
-
What is a scatter plot? What type of data is required for a scatter plot? What characteristic of the data can be better understood by looking at a scatter plot?
-
In the series connection below, what are the respective power consumptions of R, R2, and R3? R R www 4 V=6V P1-3 W; P2=3W; and P3= 3 W OP10.5 W; P2-1 W; and P3= 1.5 W P1=1.5 W; P2=1 W; and P3= 0.5 W...
-
Cash budgeting, chapter appendix. On December 1, 2009, the Itami Wholesale Co. is attempting to project cash receipts and disbursements through January 31, 2010. On this latter date, a note will be...
-
Comprehensive problem; ABC manufacturing two products. Dinettes Inc. operates at capacity and 2es glass topped dining tables and wooden chairs, which are then typically sold as sets of four chairs...
-
Budgeting and ethics. Delma Company manufactures a variety of products in a variety of departments, and evaluates departments and departmental managers by comparing actual cost and output relative to...
-
What challenges might organizations encounter during the implementation and sustenance of Lean Management practices, and what strategies can be employed to overcome these obstacles and ensure...
-
List six hazards you might encounter when cleaning the wet and dry areas.
-
Could you elaborate on the concept of "gemba" in Lean Management philosophy and its significance in promoting frontline employee engagement and problem-solving ?
Study smarter with the SolutionInn App