The Contribution Margin Ratio Is the Percent of Each Sales

question 211

True/False

The contribution margin ratio is the percent of each sales dollar that remains after deducting the total unit variable cost.

---

Definitions:

Limit Order

Order that puts a ceiling or floor on a security purchase or sale.

Check Clearing

The process of transferring funds from the check writer's account to the recipient's account.

Insider Trading

Use of material nonpublic information about a company to make investment profits.

Sensitive Information

Data that must be protected due to its confidential nature, such as personal identification or financial details.