How is the contribution margin ratio calculated?
What will be an ideal response
Contribution Margin Ratio = Contribution margin + Net sales revenue
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Writing a message in which you reject someone's idea can be a challenge because
A) few form letters exist on which to model your letter. B) you may have to take action against the person if the idea comes up again. C) the person has probably invested considerable time in developing the idea. D) you want to subtly suggest that the reader refrain from submitting more ideas. E) you are more concerned with justifying the decision than with retaining the person's goodwill.
Mount Pleasant Hotels employs 114 workers with a gross weekly payroll of $91,898. Fringe benefits are $42.29 per employee for dental insurance and $9.34 per employee for discount club memberships. What percent of payroll is the total cost of fringe benefits? (Round your answer to the nearest tenth of a percent)
A) 9.5% B) 5.4% C) 11.4% D) 6.4%
In the critical path method (CPM), there can only be one critical path
Indicate whether the statement is true or false
Cash flows from operating activities include:
A. purchases of equipment. B. changes in accounts receivable. C. paying principal to lenders. D. proceeds from stock issuance.