At a Shareholder Meeting, There Must Be

question 346

Multiple Choice

At a shareholder meeting, there must be:

• A) a manager
• B) at least three company employees
• C) a quorum
• D) at least 1/3 of the total shares present
• E) none of the other choices are correct

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Definitions:

Contribution Margin

A profitability metric that calculates the amount of revenue remaining after deducting variable costs, used to cover fixed costs and generate profit.

Selling Price

The amount of money for which a product or service is offered for sale to customers.

Contribution Margin Ratio

The percentage of revenue remaining after variable costs have been subtracted, indicating how much revenue is available to cover fixed costs and generate profit.

Contribution Margin

The amount remaining from sales revenue after variable expenses are deducted, indicating how much contributes towards covering fixed costs and generating profit.