The K-T Event Occurred About ______________ Million Years Ago

question 45

Short Answer

The K-T event occurred about ______________ million years ago.

---

Definitions:

Contribution Margin Ratio

The ratio of contribution margin (sales minus variable costs) to sales revenue, indicating the percentage of each sales dollar remaining after variable costs.

Weighted Average

A calculation that takes into account the varying degrees of importance of the numbers in a dataset, often used in calculating cost of goods sold or inventory valuation.

Sales Proportion

The ratio or percentage of a product's sales in relation to total sales of all products, indicating its market performance.

Cost-Volume-Profit Graph

A visual representation that shows how changes in cost and volume affect a company's profit.