Which of the following equations is true? Select one: a. Contribution margin = Sales revenue * Variable cost ratio b. Contribution margin = Fixed costs c. Contribution margin ratio = 1 - Variable cost ratio d. Contribution margin ratio = Contribution margin / Variable costs
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following equations is true? Select one: a. Contribution margin = Sales revenue * Variable cost ratio b. Contribution margin = ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
You are invited to participate in a new company. The company is projected to payout $10,000 in the first year, and after that the payouts will grow by an annual rate of 6 percent forever.
Answers (1)
After 9/11, the demand for air travel fell substantially, bringing the airline industry to its knees. Congress wanted to compensate the airlines for losses but there was a great debate over how much money was at stake.
Answers (1)
10) A shopkeeper loses 5% by selling a water bottle for rupees 55.10. At what price should it be sold in order to gain 85%
Answers (1)
The product variable of the marketing mix can include all of the following except: a. consumer perception of the product price. b. development of product packaging. c. repair services. d. creation of brand names. e. warranty issues
Answers (1)
Which best describes a workplace for someone who works in Health, Safety, and Environmental Assurance?
Answers (2)
New Questions in Business
You can choose between two purchases: Machine A or Machine B. Machine A costs $24,000 and has a salvage value of $12,000 after 3 years. Machine B costs $30,000 and has a salvage value of $16,000 after 4 years.
Answers (2)
When the preparation of consolidated financial statements in a parent-subsidiary relationship occurs, it is an example of the?
Answers (1)
The following annual returns for Stock E are projected over the next year for three possible states of the economy. What is the stock's expected return and standard deviation of returns? E (R) = 8.5% σ = 22.70%
Answers (1)
6. You head the product development division of a major corporation. How can you get the people in your division to come up with ideas for new products?
Answers (1)
Unable to borrow from other banks, University Bank is forced to turn to the Federal Reserve for needed funds. What is the interest rate the Federal Reserve will charge University Bank called? A. open market operations required B. reserve ration C.
Answers (1)