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In 1969, Malcolm bought a Pontiac Firebird for $2,500. If the price index was 36.7 in 1969 and the price index was 180 in 2009, then what is the price of the Firebird in 2009 dollars?
Contribution Margin Ratio
The ratio of contribution margin to sales revenue, used to measure the profitability and efficiency of a product or service.
Margin Of Safety
The difference between the actual or expected profitability of a project and the break-even point. It is a cushion against uncertainty.
Net Operating Income
The profit generated from a company's everyday operations, calculated by subtracting operating expenses from operating income.
Contribution Margin
The difference between sales revenue and variable costs of a product or service, indicating the amount contributing to covering fixed costs and generating profit.
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