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please anwser 1-5 What are some of the ways a company can increase its contribution margin? Reduce variable overhead Reduce construction costs through good cost
please anwser 1-5 What are some of the ways a company can increase its contribution margin? Reduce variable overhead Reduce construction costs through good cost control procedures All answers can increase contribution margin. Raising prices Increase revenue 1 point What are some ways by which a company can increase its pretax profit margin? All answers will increase pretax profit margin Increasing contribution margin while maintaining a static level of fixed overhead costs Increasing project base with projects with high risk but a possibility of paying huge returns Decreasing fixed overhead while proportionately increasing variable overhead and revenue Increasing fixed overhead costs at same ratio as revenue increases 3 . 1 point Construction company revenues are in the form of payments from project owners or from the sale of projects. Revenues are then used for four key items: pay construction costs, pay general overhead costs, provide profit for construction company investors and philanthropy for local and regional charities. True False 4 1 point If profits from construction projects fail to provide company owners with a reasonable profit, owners may decide there are better or more lucrative investments available and move their assets, causing the company to lose financing. True False 5 ( 1 point Construction companies hold a distinct advantage over manufacturing firms contributing to our country's GDP when calculating operating margins. Manufacturing firms determine profit and overhead markup matrices and protocols for countless products, whereas construction companies concentrate on one product, building projects, relying on a fully vetted series of established methods for determining profit and overhead markup. True Faise
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