Reference: 08-07
Paxton Corp Has Provided the Following Data Concerning

question 3

Multiple Choice

Reference: 08-07
Paxton Corp has provided the following data concerning its operations last month: $$\begin{array} { | l | l | } \hline \text { Sales } & \$ 400,000 \\\hline \text { Variable expenses } & 250,000 \\\hline \text { Fixed expenses } & 100,000 \\\hline\end{array}$$ Paxton Corp is a retailing organization.
-The contribution margin ratio is?

• A)37.5%.
• B)25.0%.
• C)33.0%.
• D)12.5%.

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Definitions:

Data Secret

A type of confidential information, typically business-related, that is not widely known and gives a company a competitive advantage.

Predicting Wrongdoing

The process of using information or trends to forecast unethical or illegal activities.

Ethical Focus

The prioritization of moral values and principles in decision-making processes, often within a business or organizational context.

Privacy

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