Operating Income Using the Contribution Margin Format Income Statement Is

question 51

Multiple Choice

Operating income using the contribution margin format income statement is calculated as:

• A)revenue - variable expenses = contribution margin - fixed expenses.
• B)revenue - variable expenses = gross profit - fixed expenses.
• C)revenue - cost of goods sold = contribution margin - fixed expenses.
• D)revenue - cost of goods sold = contribution margin - operating expenses.

---

Definitions:

Main Points

The most important or central ideas of a discussion or argument.

Capture Listeners' Attention

The act of engaging and holding the interest of an audience through verbal or non-verbal methods during a presentation or speech.

Presentation Introduction

The initial section of a presentation where the topic, purpose, and structure of the talk are outlined to the audience.

Briefing

A concise and informative presentation or document that summarizes the main points of a topic or plan.