Quality Stores, Inc

question 76

Multiple Choice

Quality Stores, Inc., sells several products. Information of average revenue and costs is as follows:

What is the contribution margin percentage? (Round your answer to the nearest whole percent.)

• A) 54%
• B) 69%
• C) 43%
• D) 47%

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Definitions:

Union

An organization of workers formed to protect and advance their rights and interests.

Management

Process of achieving organizational objectives through people and other resources.

Union Contracts

Agreements between employers and labor unions that outline wages, benefits, and working conditions for the union members.

Arbitrator

An independent individual or panel appointed to settle a dispute outside the court system, whose decision is usually binding.