A Company with Monthly Revenue of $120,000,variable Costs of $50,000,and

question 98

Multiple Choice

A company with monthly revenue of $120,000,variable costs of $50,000,and fixed costs of $40,000 has a contribution margin of:

• A)$90,000.
• B)$80,000.
• C)$70,000.
• D)$30,000.

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Definitions:

Operationalization

The procedure by which researchers establish criteria for assigning observations to variables.

Research Practice

The regular engagement in systematic investigation and study in any field of knowledge to establish facts or principles.

Observations

The action or process of closely monitoring or noting phenomena to gain information.

Variables

Elements, characteristics, or factors that can change and affect the outcome of a study or experiment.