McGordon Corporation Has Provided the Following Data -What Is the Contribution Margin?
A) $240,000

question 61

Multiple Choice

McGordon Corporation has provided the following data: $\begin{array}{|l|r|}\hline \text { Sales } & \$ 800,000 \\\hline \text { Variable expenses } & \$ 560,000 \\\hline \text { Fixed expenses } & \$ 168,000 \\\hline\end{array}$



-What is the contribution margin?

• A) $240,000.
• B) $560,000.
• C) $632,000.
• D) $72,000.

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Definitions:

E-Mail Marketing

The practice of sending targeted commercial messages through email to a group of people to promote products or services.

Cross-Selling

The practice of selling additional products or services to an existing customer to increase the value of that customer to the business.

Attracting New Customers

The process and strategies involved in drawing new clients or buyers to use a product or service.

Sales Message

A communication that is designed to persuade a potential customer to purchase a product or service.