Last Year,RC Rancho's Revenue Was $120,000,000,variable Costs Were $90,000,000 and Fixed

question 163

True/False

Last year,RC Rancho's revenue was $120,000,000,variable costs were $90,000,000 and fixed costs were $15,000,000.RC Rancho's contribution margin ratio was 25 percent.

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Definitions:

Intellectual Development

The process of development in cognitive abilities, including thinking, reasoning, problem-solving, and learning.

Puberty

The developmental stage in which a child's body matures into an adult body capable of sexual reproduction.

Boys

Male children or adolescents, typically distinguished by biological and physiological characteristics from girls.

Girls

Girls are female children from birth until adolescence, characterized by their distinct biological and gender traits compared to boys.