If a Company Has a Positive Contribution Margin but Net

question 44

Multiple Choice

If a company has a positive contribution margin but net income is low or negative,what are some ways of increasing net income?

• A) Increase sales price
• B) Increase sales volume
• C) Decrease variable costs
• D) All of these are ways to increase net income

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Definitions:

Slate of Electors

A group of individuals chosen in each state who are responsible for formally casting votes for the president and vice president in a U.S. presidential election.

Plurality of Votes

A voting outcome in which the candidate or proposition with the most votes wins, but does not necessarily receive an absolute majority of all votes.

Majority of Votes

More than half of the votes cast in an election or other decision-making process.

Presidential Primary

A presidential primary is a preliminary election where voters select candidates to be nominated by their party for the presidency.