If a Company Had a Contribution Margin of $1000000 and a Contribution

question 99

Multiple Choice

If a company had a contribution margin of $1000000 and a contribution margin ratio of 40% total variable costs must have been

• A) $1500000.
• B) $600000.
• C) $2500000.
• D) $400000.

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Definitions:

Mirror-Image Perceptions

Mutual views often held by conflicting people, as when each side sees itself as ethical and peaceful and views the other side as evil and aggressive.

Deindividuation

A psychological state characterized by a loss of self-awareness and individual accountability, often occurring in group settings.

Self-Awareness

The consciousness of one's own character, feelings, motives, and desires, which is essential for personal development and emotional intelligence.

Anonymity

The condition in which an individual's identity is unknown or kept private.