The Contribution Margin Ratio Is

question 75

Multiple Choice

The contribution margin ratio is:

• A) the same as the variable cost ratio
• B) the same as profit
• C) the portion of equity contributed by the stockholders
• D) the same as the profit-volume ratio

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Definitions:

Discriminate

To make a distinction in favor or against someone based on the group, class, or category rather than according to actual merit; often refers to unfair treatment based on personal characteristics.

Out-of-state Students

Students who attend a college or university in a different state from where they reside.

Tenth Amendment

An amendment to the U.S. Constitution that reserves powers not granted to the federal government nor prohibited from the states, to the states themselves, or to the people.

Constitution

The fundamental law or document that establishes the governing framework, principles, and powers of a political entity or nation.