The contribution margin per unit expressed as a percentage of the product's selling price is the:
A. Contribution margin ratio.
B. Rate of return on sales.
C. Margin of safety.
D. Volume variance.
E. Break-even point.
Answer: A
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Conflicts that are ______ tend to damage or destroy relationships.
Fill in the blank(s) with the appropriate word(s).
The income statement from 2013 to 2017 of Kung Food Equipment, Inc., a restaurant equipment supplier, appears below.
a) Enter the data into your worksheet. Costs of revenues are variable costs. Also, research & development expenses are fixed costs. Finally, $500M of selling/general/administrative expenses constitute fixed costs while the rest are variable costs.
b) Determine the degree of operating, financial, and combined leverage for each year.
c) Create a Line chart that shows how the various leverage measures have changed over this five-year period.
Changes in a firm's bond rating affect its ability to:
A. claim deductions in tax liability computation. B. procure raw material in sufficient quantity for manufacturing processes. C. increase the coupon rate on bonds issued to investors. D. borrow long-term capital as well as the cost of such funds. E. exercise a call provision on its bonds.
__________ define the action steps by which the company intends to attain strategic goals.
Fill in the blank(s) with the appropriate word(s).