Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. when thinking about profit margins -- does the sca

When thinking about profit margins -- does the scale matter? If the damages period was 6...

80.2K

Verified Solution

Question

Accounting

When thinking about profit margins -- does the scale matter? Ifthe damages period was 6 months and the incremental volume was 10%of the actual sales, or the damages period was 10 years and theincremental volume would have doubled the plaintiff's sales --would that matter in terms of how you'd think about what costs areincremental for the purposes of calculating damages?

Answer & Explanation Solved by verified expert
4.3 Ratings (797 Votes)
When thinking about profit margin the scale actually does matters as and when we increses the sales turnover we do we increase in profits and this leads to bigger financial statements and increased workload to the workforce of the company What if you want a 30 gross margin on the sale If you mistakenly believe you can get that by multiplying your job cost of 100 by 130 youll get a sales price of 130 Using gross margin properly divide 100 by 70    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Psychology
1.2K views

Intercultural Communication. A college professor has a new student from China in the class. The student does...

General Management
1.2K views

1. How much of an impact does the "maturity" level of the industry or company have...

Biology
1.2K views

Case Study How Do Bacteria Become Resistant Part 1 What is MRSA No matter what...

Biology
1.2K views

Q6 5 What does the carrying capacity for moose on the island primarily depend on...

Biology
1.2K views

The risk for Erythroblastosis Fetalls is highest during the first pregnancy. Complications associated with a...

Physics
1.2K views

41 Two conductors of thickness d are inserted inside a parallel capacitor of thickness 3d...

Statistics
1.2K views

A video game company sells an average of 132 games a month per store with...

Calculus
1.2K views

The curve y is called the witch of Agnesi after the Italian mathematician Maria Agnesi...

Accounting
1.2K views

The level of inventory of a manufactured product has increased by 7,908 units during a...

Accounting
1.2K views

The Fashion Rack The Fashion Rack is a retail merchandising business that sells brand-name clothing...

Accounting
1.2K views

what are some factors that can impact the overall cost of producing a product?

Accounting
1.2K views

Rook Show Me How Calculator Statement of owner's equity L Instructions Labels and Amount Descriptions...