If You Assume That Total Costs Represent a Constant Percentage

question 124

Multiple Choice

If you assume that total costs represent a constant percentage of sales, you are automatically assuming that the _________ is constant.

• A) Net income
• B) Profit margin
• C) Operating cash flow
• D) Dividend amount
• E) Retention ratio

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Definitions:

Responsive

The quality of reacting quickly and positively to stimuli or requests.

Female Voices

The vocal expressions of women, which can vary widely in pitch, tone, and quality.

Moderate Voice Pitches

Pertains to voice tones that are neither too high nor too low, often considered pleasant and effective for communication.

Visual Cliff

An apparatus used to test depth perception in infants.