Which of the Following Happened Most Recently

question 55

Multiple Choice

Which of the following happened most recently?

• A)Rickshaw invented
• B)Wright brothers' first flight
• C)First feature-length movie in India
• D)Empire State Building opens
• E)First U.S. birth control clinic

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Definitions:

Net Operating Income

A company's profitability from its regular business operations, excluding expenses and incomes from other non-operating activities.

Contribution Margin Per Unit

The difference between the selling price per unit and the variable costs per unit.

Variable Manufacturing Costs

Expenditures that shift in accordance with the volume of output, like raw materials and direct labor costs.

Selling Commission

A fee paid to salespersons or agents for selling a company's products or services, usually a percentage of the sale price.