Convert the Following. -998 Minutes to Hours and Minutes

question 150

Multiple Choice

Convert the following.
-998 minutes to hours and minutes

• A)16 hr and 42 min
• B)16 hr and 28 min
• C)16 hr and 48 min
• D)16 hr and 38 min

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Definitions:

Sales

The total revenue generated from goods or services sold by a company during a specific period.

Contribution Margin Ratio

The ratio of contribution margin to sales revenue, indicating the percentage of each sales dollar available to cover fixed costs and generate profit.

Break-even Point

The level of sales at which total revenues equal total costs, resulting in no profit or loss.

Net Loss

The amount by which total expenses exceed total revenues in a given period, indicating that a company spent more than it earned.