1 The bottom line of a contribution margin report is net inc

1. The bottom line of a contribution margin report is net income.

True

False

2. Market prospects are the ability to generate positive market expectations.

True

False

Solution

1 FALSE The bottom line of a contribution margin report is net Income is not correct statement. Contribution margin report is the performance report which excludes fixed expenses and net income, and it\'s bottom line is contribution margin. 2 TRUE Market Prospects are the ability to generate positive market expectations is correct statement. Market prospects means the company\'s potential future performance in a competitive marketplace or company\'s forecasted ability.