​Use the Following Setup for Question

question 53

Multiple Choice

​Use the following setup for question
A firm's fixed costs are $10 million.It sets the price at $1800 per unit and has marginal costs of $1,000.
-​What's the firm's contribution margin per unit?

• A)​$12
• B)$10
• C)$8
• D)​$4

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Definitions:

Working Capital

The difference between a company’s current assets and current liabilities, indicating the short-term financial health and operational efficiency.

Year-End Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at the end of a fiscal year.

Data

Information collected for analysis, reference, or computation, often used to inform decision-making or research.

Dividend Yield

A metric indicating the annual dividends a company distributes in relation to its stock price.