When a Company Uses Intermodal or Multimodal Transportation,it Is

question 59

Multiple Choice

When a company uses intermodal or multimodal transportation,it is:

• A)using multiple channels.
• B)using land and water shipping.
• C)shipping via more than one railroad line.
• D)using the services of both UPS and FedEx.
• E)using different size containers for shipment.

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Definitions:

Contribution Margin Ratio

A financial metric that measures the proportion of sales revenue that exceeds variable costs, indicating how much revenue contributes to fixed costs and profit.

Variable Costs

Costs that vary in direct proportion to changes in levels of an activity or production volume.

Fixed Costs

These are expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.

Net Income

The total earnings of a company after subtracting all of its expenses, including taxes and operating expenses, from its total revenues.