If Sales Are $914,000, Variable Costs Are $498,130, and Operating

question 9

Multiple Choice

If sales are $914,000, variable costs are $498,130, and operating income is $260,000, what is the contribution margin ratio?

• A) 52.2%
• B) 28.4%
• C) 54.5%
• D) 45.5%

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Definitions:

Generalized Anxiety Disorder (GAD)

A mental health disorder characterized by chronic and excessive worry about various aspects of life, often to the extent that it interferes with daily activities.

Post-Traumatic Stress Disorder (PTSD)

A mental health condition triggered by experiencing or witnessing a traumatic event, characterized by flashbacks, nightmares, and severe anxiety.

Obsessive Compulsive Disorder (OCD)

A mental health disorder characterized by intrusive thoughts (obsessions) and repetitive behaviors (compulsions).

Rorschach

A psychological test in which subjects' perceptions of inkblots are recorded and then analyzed using psychological interpretation, complex algorithms, or both.