Examlex
Which of the following statement is TRUE?:
Contribution Margin Ratio
The ratio of contribution margin (sales minus variable costs) to sales revenue, showing the proportion of sales revenue that exceeds variable costs.
Price Increase
An adjustment in the cost of goods or services, typically resulting in consumers paying more for those items.
Contribution Margin Ratio
A financial metric that measures how much of a company's revenue is left over after variable costs are subtracted, expressed as a percentage of sales revenue.
Variable Expense Ratio
A ratio computed by dividing variable expenses by sales.
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