The difference between total sales in dollars and total variable costs is called:
A. operating profit.
B. the contribution margin.
C. net profit.
D. the gross margin.
Answer: B
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American national nonprofits are largely ______.
A. global B. subsidized C. multiplied D. national
Using the Direct Method For the following question(s), indicate how each transaction described would be classified on a statement of cash flows if the operating activities section is prepared under the direct method. When using the direct method, where is the purchase of equipment for cash shown on the statement of cash flows?
A) Operating activity B) Investing activity C) Financing activity D) Noncash investing and financing activity
A company utilizing a flexible pricing approach should be aware of which potential negative consequence of this approach?
a. Increased sales b. Stockouts/lost sales c. Stable demand d. Reduced forecast accuracy
All of the following affect the value of a share of common stock EXCEPT
A) investors' required rate of return. B) the stock and paid-in-capital amounts on the balance sheet. C) the dollar amount of the dividends. D) the future growth rate for dividends.