The Difference Between Total Sales in Dollars and Total Variable

question 116

Multiple Choice

The difference between total sales in dollars and total variable expenses is called:

• A) the net operating income.
• B) the net profit.
• C) the gross margin.
• D) the contribution margin.

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Definitions:

Drupe

A simple, fleshy fruit in which the inner wall of the fruit is a hard stone (e.g., peach, cherry).

Berry

A simple, fleshy fruit in which the fruit wall is soft throughout (e.g., tomato, banana, grape).

Intramuscular Administration

The injection of a medication directly into a muscle, allowing the drug to be absorbed into the bloodstream quickly.