Your School Has Just Been Awarded a Technology Grant

question 17

Multiple Choice

Your school has just been awarded a technology grant.Each grade level team has been asked to submit a proposal for how they would could use the money.Your team puts forward an idea where students can submit work online and work collaboratively with on projects.What type of classroom have you described?

• A) Information classroom
• B) Technology classroom
• C) Mobile classroom
• D) Intelligent classroom

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Definitions:

Contribution Margin

The difference between sales revenue and variable costs, used to cover fixed costs and generate profit.

Target Net Income

The specific amount of net income that a company aims to achieve within a certain period.

Margin Of Safety

A financial ratio or metric that measures the difference between actual sales and the breakeven point, indicating the extent to which sales can decline before a business incurs a loss.

Contribution Margin Ratio

The percentage of sales revenue that exceeds variable costs, indicating how much revenue contributes to covering fixed costs and generating profit.