If the Contribution Margin Ratio for France Company Is 45

question 13

Multiple Choice

If the contribution margin ratio for France Company is 45%, sales were $425,000, and fixed costs were $100,000, what was the income from operations?

• A) $233,750
• B) $91,250
• C) $191,250
• D) $133,750

Understand concepts of locus of control and responsibility in the context of cultural differences.

Critically analyze the problems associated with the concept of race and its sociopolitical implications.

Discuss strategies for improving provider credibility and effectiveness in cross-cultural counseling.

Compare and contrast autoplastic and alloplastic solutions and understand their relevance in cultural contexts.

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Definitions:

Profit-maximizing

The process or strategy by which a firm determines the price and output level that returns the greatest profit.

Ethanol

A renewable fuel made from various plant materials, which can be used as an alternative to gasoline.

Market Price

The current price at which an asset or service can be bought or sold in a marketplace.

Profit

The financial gain realized when the amount earned from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.