The Formula for Operating Income Is

question 13

Multiple Choice

The formula for operating income is

• A)sales revenue - variable costs - fixed costs.
• B)sales revenue - variable costs - fixed costs - profit.
• C)sales revenue - contribution margin - variable costs.
• D)sales revenue - gross margin - fixed costs.

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Definitions:

Perceptual Mapping

A visual technique used in marketing to display the position of products or brands in the consumer's mind relative to their competitors, based on certain attributes.

Open Area

A space that is accessible and unenclosed, often used in the context of work environments to foster collaboration.

Johari Window

A model used to understand and improve self-awareness, interpersonal relationships, and group dynamics by categorizing known and unknown information about oneself and others.

Consistency

The quality of always acting or behaving in the same way, leading to predictable and reliable outcomes.