Contribution margin divided by revenue is referred to as the ________________________________________
Fill in the blank(s) with correct word
contribution margin ratio
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Establishing and maintaining a union is easier under Canadian law than under U.S. law.
Answer the following statement true (T) or false (F)
Which of the following is a good example of courteous, sincere writing?
A) Your letter has been forwarded to the Tulsa division. One of the service specialists will call you on Friday. B) Our company is always surprised when customers like you fail to pay their bills on time. C) Apparently, you did not carefully read the procedures memo before submitting your travel reimbursement request. D) I find it difficult to believe that your new DVD player is incompatible with your new television. E) You must realize that full tuition refunds are available only before the first day of class.
Ada is the maker of a note, on which Bart is secondarily liable. Credit Instruments Company is the current holder of the note. Bart will be obli¬gated to pay the note if
a. Ada defaults on the note. b. Credit Instruments breaches a transfer warranty. c. Credit Instruments negotiates the note to Delta Collection Agency, a third party. d. Credit Instruments presents the note for payment.
Twenty percent of the applications received for a particular position are rejected. What is the probability that among the next fourteen applications,
a. none will be rejected? b. all will be rejected? c. less than 2 will be rejected? d. more than four will be rejected? e. Determine the expected number of rejected applications and its variance.