Is the Excess of Sales Over the Cost of Goods

question 77

Multiple Choice

is the excess of sales over the cost of goods sold.

• A) The sales mix
• B) Gross margin
• C) Contribution- margin ratio
• D) Variable- cost ratio

---

Definitions:

Aquaculture

The cultivation of aquatic organisms such as fish, crustaceans, mollusks, and aquatic plants for food or other purposes.

Sustainable Management

Practices and strategies aimed at managing resources and ecosystems in ways that meet current needs without compromising future generations' ability to meet their needs.

Riparian Areas

Land areas adjacent to rivers and streams that are influenced by the presence of water and support distinct plants and animals.

Grazing Fees

Charges imposed for the right to allow domestic livestock to graze on public or leased land.