The contribution margin ratio is A. Contribution margin divided by sales revenue. B. Sales revenue divided by contribution margin. C. Fixed expenses divided by variable expenses. D. Contribution margin divided by variable expenses

A potential client, age 40, would like to purchase a whole life policy that will accumulate cash value at a faster rate in the early years of the policy.

Which trade strategy have developing countries used to replace commodity exports with exports such as processed primary products, semi-manufacturers, and manufacturers? a. multilateral contract b. export quota c. buffer stock

Analyzing and Computing Accrued Warranty Liability and Expense Waymire Company sells a motor that carries a 60-day unconditional warranty against product failure.

Which term is used to describe a situation where most people who are looking for work are able to find a job?

As competition increases, prices a. usually increase as well b. are not affected so will usually not change c. usually will decrease d. There is no way to predict what will happen to prices due to competition.

Which of the following is considered a part of factory overhead cost? a. sales commissionsb. depreciation of factory buildingsc. depreciation of office equipmentd. direct materials used

Why does a business owner lower the price of products that are not selling quickly?

Erin Brushwood sells gourmet chocolate chip cookies. The results of her last month of operations are as follows: Sales revenue $ 55,194 Cost of goods sold (all variable) 28,232 Gross margin 26,962 Selling expenses (20% variable) 8,908 Administrative

Marty, a 16-year-old, contracts with Cream-of-the-Crop Cycles to buy an $8,000 motorcycle. Marty agrees to make monthly payments until the purchase price plus interest are paid in full. Which of the following is correct? a.

What is the primary distinction between communism and socialism