AirStep Shoe Company Has Two Retail Stores, One in Gainesville

question 88

Multiple Choice

AirStep Shoe Company has two retail stores, one in Gainesville and the other in Orlando. The Gainesville store had sales of $100,000, a contribution margin of 35 percent, and a segment margin of $14,000. The company's two stores have total sales of $250,000, contribution margin of 32 percent, and a total segment margin of $31,000. The contribution margin for the Orlando store must have been:

• A) $65,000.
• B) $170,000.
• C) $105,000.
• D) $45,000.

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Definitions:

Intent

A determination or resolve to perform an act for a specific purpose, often a crucial factor in legal analysis to establish wrongdoing or contractual agreements.

Social Darwinism

A theory that applies Darwin's concept of natural selection to societies, suggesting that individuals or groups achieve advantage over others as a result of genetic or biological superiority.

Sociological Imagination

The ability to see the relationship between individual experiences and larger social influences, coined by C. Wright Mills.

Spencer's Idea

Associated with Herbert Spencer, who applied evolutionary theory to sociology and philosophy, advocating that society evolves through survival of the fittest.