Which of the Following Would Be Considered a Blue-Collar Occupation

question 80

Multiple Choice

Which of the following would be considered a blue-collar occupation?

• A)auto mechanic
• B)business manager
• C)investment banker
• D)salesperson

---

Definitions:

Sales Mix

A composition of different products or services that a company sells, emphasizing the proportion of each product sold relative to total sales.

Break-even Point

The point at which total cost and total revenue are equal, meaning no net loss or gain, and the business is not making a profit but not losing money either.

Contribution Format

A type of income statement format that separates fixed costs from variable costs to highlight the contribution margin.

Income Statement

A financial document that provides a summary of a company’s revenues, expenses, and profits/losses over a specific period, showing how the revenue is transformed into net income.