Are gross margin and contribution margin the same concept? If so, why? If not, what is the
Question:
Are gross margin and contribution margin the same concept? If so, why? If not, what is the difference?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Gross margin and contribution margin are related concepts but they are not the same thing Gross marg...View the full answer
Answered By
ANDREW KIPRUTO
Academic Writing Expert
I have over 7 years of research and application experience. I am trained and licensed to provide expertise in IT information, computer sciences related topics and other units like chemistry, Business, law, biology, biochemistry, and genetics. I'm a network and IT admin with +8 years of experience in all kind of environments.
I can help you in the following areas:
Networking
- Ethernet, Wireless Airmax and 802.11, fiber networks on GPON/GEPON and WDM
- Protocols and IP Services: VLANs, LACP, ACLs, VPNs, OSPF, BGP, RADIUS, PPPoE, DNS, Proxies, SNMP
- Vendors: MikroTik, Ubiquiti, Cisco, Juniper, HP, Dell, DrayTek, SMC, Zyxel, Furukawa Electric, and many more
- Monitoring Systems: PRTG, Zabbix, Whatsup Gold, TheDude, RRDtoo
Always available for new projects! Contact me for any inquiries
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Practical Finance For Operations And Supply Chain Management
ISBN: 9780262043595
1st Edition
Authors: Alejandro Serrano, Spyros D. Lekkakos, James B. Rice
Question Posted:
Students also viewed these Business questions
-
Youve just been hired onto ABC Company as the corporate controller. ABC Company is a manufacturing firm that specializes in making cedar roofing and siding shingles. The company currently has annual...
-
Gross margin and contribution margins are two important, yet separate measures companies can use to determine how profitable their operations are. Gross margin is revenue minus total cost of the...
-
CANMNMM January of this year. (a) Each item will be held in a record. Describe all the data structures that must refer to these records to implement the required functionality. Describe all the...
-
A company is deciding whether to produce a new gadget at a plant located in a country close to consumers at a higher labor cost and shorter lead time or to outsource it to a country with a low labor...
-
Baden-Mbel GmbH manufactures a variety of prestige boardroom chairs. Its job-costing system was designed using an activity-based approach. There are two direct-cost categories (direct materials and...
-
The following data represent total assets, book value, and market value of common shareholders equity (dollar amounts in millions) for three firms. Each of these firms, Southwest Airlines, Kroger,...
-
Determine the principal coordinates for the system of Figure P6.8 if it had no damping. Write the differential equations which the principal coordinates satisfy. Use \(I=0.03 \mathrm{~kg} \cdot...
-
Do the following events represent business transactions? Explain your answer in each case. (a) A computer is purchased on account. (b) A customer returns merchandise and is given credit on account....
-
Window cart gives two loyalty points for each dollar the customer spends in its store. During a particular month, the total sales were $ 6 5 , 0 0 0 . Customers can redeem their loyalty points in...
-
Are the following statements true or false? a. COGS is made only of variable costs. b. SGA is made only of fixed costs. c. A firm fixed costs appear only above EBITDA in the income statement. d. The...
-
A supplier sells an item at $200 per unit, but offers a 10 percent discount per each unit exceeding 1,000 (i.e., the 1,000-th unit costs $200, the 1,001-th costs $180). a. Plot the total cost for the...
-
When this project was envisioned, it was possible to state a vision for the outcomes, but way too premature to try to describe specific outputs. Therefore, it made sense to use an agile approach....
-
In the EOQ model for a product, suppose the weekly demand increases by 50% of the previous value from this week onwards, and is expected to remain at this level in the future; everything else remains...
-
1. How do you examine the balance sheet to create a financial strategy? Two paragraphs. 2. What does the income statement tell you? What kind of decisions can you make knowing what's on your income...
-
On December 31, management had determined that it would not be able to collect the $1,200 owed to it by one of its customers. On January 15 in the next year, a check in the amount of $600 was...
-
The characteristics of two of the stocks are as follows: Standard Stock Expected Return Deviation A 16% 3Y% B 8% 20% The correlation between A and B is -1. Since stock-A and stock-B are perfectly...
-
3. To set up the document as a form letter, start a mail merge, and then select Letters as the type of main document. Next, type a new recipient list as follows: a. Customize the columns by deleting...
-
By assuming that the heat of combustion of the cis isomer was larger than the trans, structural assignments were made many years ago for the stereoisomeric 2-, 3-, and 4-methylcyclohexanols. This...
-
Annual dividends of ATTA Corp grew from $0.96 in 2005 to $1.76 in 2017. What was the annual growth rate?
-
1. When preparing for patient teaching what should the nurse do first? a.Assess the learners needs. b.List key points to be presented. c.Collect the teaching materials. d.Think about how the skill...
-
Provide an opening paragraph on functions of HRM.
-
What does maintain confidentiality mean and under what circumstances might confidentiality be broken?
Study smarter with the SolutionInn App