If a company has a positive contribution margin but net income is low or negative,what are some ways of increasing net income?

Question

Quizplus · Accepted Answer

All of these options can help increase net income. Increasing sales price can lead to higher revenue and profit, increasing sales volume can generate more revenue and potentially reduce fixed cost per unit, and decreasing variable costs can directly impact the contribution margin and increase profits. Utilizing a combination of these strategies can help improve net income for the company.

If a Company Has a Positive Contribution Margin but Net