Which of the Following Formulas Is Used to Calculate the Contribution

question 25

Multiple Choice

Which of the following formulas is used to calculate the contribution margin ratio

• A)(Sales - Fixed expenses)/Sales
• B)(Sales - Cost of goods sold)/Sales
• C)(Sales - Variable expenses)/Sales
• D)(Sales - Total expenses)/Sales

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Definitions:

Licensed English Traders

Individuals or entities granted official permission to conduct trade within certain English territories or with specific goods, especially during the colonial period.

Tri-country War

A hypothetical conflict involving three distinct nations, often used to describe scenarios in military strategy or historical analysis.

African Slave Labor

The forcible employment of African people, primarily in the Americas, from the 16th to the 19th centuries, under conditions of slavery.