A typical manufacturer spends:
A) about 25% of its total income from sales on purchased services and materials.
B) about 45% of its total income from sales on purchased services and materials.
C) more than 60% of its total income from sales on purchased services and materials.
D) almost 80% of its total income from sales on purchased services and materials.
C
You might also like to view...
A petty cash voucher only needs to include the date, the payee, and a description
Indicate whether the statement is true or false
Last year, RC Rancho's revenue was $120,000,000, variable costs were $90,000,000 and fixed costs were $15,000,000 . RC Rancho's contribution margin ratio was 25 percent
Indicate whether the statement is true or false
When comparing FASB's Conceptual Framework to the IASB's Conceptual Framework, ______.
A) the objective and qualitative characteristics are identical B) they differ in the descriptions of elements of financial reporting C) they differ in the principles of recognition and measurement D) All of the above
Describe Web development languages.
What will be an ideal response?