The contribution margin ratio is:
A. the contribution margin stated as a percentage of profit.
B. the contribution margin stated as a percentage of sales.
C. the contribution margin stated as a percentage of fixed costs.
D. the contribution margin stated as a percentage of total costs.
Answer: B
You might also like to view...
The Pearson product moment correlation measures the linear relationship between two metric-scaled variables
Indicate whether the statement is true or false
Why do we exhibit defensive communication?
What will be an ideal response?
Use the information in Table J.14. In what sequence should the orders be processed to minimize the total processing time?
A) 5-3-1-4-2 B) 3-5-4-1-2 C) 3-5-1-4-2 D) 5-1-4-3-2
What is a CPU?
A. The actual hardware that interprets and executes the program (software) instructions and coordinates how all the other hardware devices work together. B. The computer's main memory, which consists of the random access memory (RAM), cache memory and the read-only memory (ROM) that is directly accessible to the central processing unit (CPU). C. Equipment designed to store large volumes of data for long-term storage. D. Equipment used to capture information and commands.