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MATCHING Choose the Item in Column 2 That Best Matches

question 14

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MATCHING. Choose the item in column 2 that best matches each item in column 1.
Match the term with the correct description.
-Import propensity


Definitions:

Contribution Margin Ratio

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

Budgeted Sales

Projected sales figures that are estimated by a business for a future accounting period, used for planning and strategic purposes.

Operating Income

A measure of a company's profitability that excludes non-operating income and expenses, focusing on core business activities.

Fixed Costs

Expenses that remain constant regardless of the business's production or sales activity, including insurance and lease payments.

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