Exhibit 21-9 Stella Signs Sells Two Different Products

question 30

Multiple Choice

Exhibit 21-9 Stella Signs sells two different products. Following are the monthly revenues and costs:

- Refer to Exhibit 21-9. Determine the total contribution margin ratio at the current sales mix.

• A) 53%
• B) 45%
• C) 47%
• D) 55%

---

Definitions:

Hire and Fire

The ability or authority of an employer to recruit new employees and, if necessary, terminate their employment.

RUPA

The Revised Uniform Partnership Act is a set of laws intended to govern partnerships and their operations in the United States.

Statement of Partnership Authority

A document that delineates the extent of a partner's ability to make decisions and bind the partnership in contractual agreements.

Real Property

Land and anything permanently attached to it, such as buildings and structures.