The Variable Cost Ratio

question 77

Multiple Choice

The variable cost ratio

• A)expresses variable costs as a percentage of total costs.
• B)expresses the proportion between fixed costs and variable costs.
• C)expresses variable cost in terms of sales dollars.
• D)expresses the proportion of sales dollars available to cover fixed costs and provide for a profit.

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Definitions:

Honest

The quality of being fair and truthful; free of deceit.

Possible Harm

The potential for damage, injury, or adverse effects in a situation, necessitating caution or preventive measures.

Benefits of Research

The valuable outcomes of research activities, which may include advancements in knowledge, societal improvements, and technological progress.

Balance

The ability to maintain a controlled body position while performing a task, whether moving or stationary; also used metaphorically to describe equilibrium in various contexts.