Which of the Following Is Usually Considered a Benefit of Communications

question 45

Multiple Choice

Which of the following is usually considered a benefit of communications technology?

• A)Social media facilitates the development of relationships that are less demanding.
• B)Family relationships are strengthened through social media.
• C)Working parents keep in touch with their children with cell phones.
• D)If you don't get along with your family members,you can always find people through social networking.

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Definitions:

Contribution Margin

The amount remaining from sales revenue after variable expenses have been deducted; it contributes towards covering fixed costs and generating profit.

Gross Margin Percentage

A financial metric that represents the percentage difference between sales revenue and the cost of goods sold, divided by sales revenue, showcasing the efficiency of a company in managing its production costs.

Times Interest Earned Ratio

A metric used to measure a company's ability to meet its debt obligations, calculated as earnings before interest and taxes divided by interest expense.

Net Income

The total profit of a company after all expenses, including taxes, have been deducted from revenue.