Which of the following equations is true? Select one: a. Contribution margin = Sales revenue * Variable cost ratio b. Contribution margin = Fixed costs c. Contribution margin ratio = 1 - Variable cost ratio d. Contribution margin ratio = Contribution margin / Variable costs
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which of the following equations is true? Select one: a. Contribution margin = Sales revenue * Variable cost ratio b. Contribution margin = ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Gordon Company's total assets increased by $60,000 during the year, and its liabilities decreased by $35,000. Did Gordon's stockholders' equity increase or decrease? By how much?
Answers (1)
Shoeleather cost refers to: a. resources used to maintain lower money holdings when inflation is high. b. the distortion in resource allocation created by distortions in relative prices due to inflation. c.
Answers (1)
Assume that the spot rate of the singaproe dollar is $.664. The ADR of a Singapore firm is convertibe into 3 shares of stock. The price of an ADRis $20. What is the share price of the firm in Singapore dollars
Answers (1)
Clyde contracts with Seaside Resorts to rent an oceanfront room for a romantic weekend with his girlfriend Anne. In fact, Clyde intends to propose to Anne on the beach under the full moon during their stay.
Answers (1)
Suppose Grady starts out with a full tank of gas in his car, and drives 540 miles home from college for spring break. Once he gets home, he spends $71.10 at $3.95 per gallon to refill his tank. What is his car's MPG rate? a. 18 b. 24 c. 30 d. 36
Answers (1)
New Questions in Business
Which of the following are true? Select one or more: (a) The t-distribution is dependent on the sample size. (b) The t-distribution does not depend on the sample size.
Answers (1)
Santoyo Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: Hours Wait time 13.6 Process time 2.7 Inspection time 0.3 Move time 3.3 Queue time 7.0 The delivery cycle time was:
Answers (1)
During 2021, its first year of operations, Pave Construction provides services on account of $160,000. By the end of 2021, cash collections on these accounts total $110,000. Pave estimates that 25% of the uncollected accounts will be uncollectible.
Answers (1)
How often is interest earned from bonds usually paid to the bond holder? 1) Every month 2) Once per year 3) Twice per year 4) Every two years
Answers (1)
Rexeleg Company manufactures a product with the following costs per unit at the expected production of 40,000 units: Direct materials $5 Direct labor 10 Variable overhead 7 Fixed overhead 9 The company has the capacity to produce 50,000 units.
Answers (1)