The contribution margin ratio is expressed as:
A. A percentage of revenue.
B. A contribution margin per unit.
C. A total dollar amount for the period.
D. Total contribution margin amount.
Answer: A
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Suppose you are conducting a financial analysis of a potential acquisition target, and you have been asked to identify the firm's engine of growth. Upon which of the following would you focus your analysis?
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A buyer and seller have been doing business for months without a formal contract. Every Monday, the seller delivers supplies to the buyer's business. Every Thursday, the buyer pays the invoice by mail. Is there a contract between the parties?
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