________ is 100 percent minus total variable operating costs as a perc

________ is 100 percent minus total variable operating costs as a percentage of total sales.

A) Profit margin
B) Contribution margin
C) Expense ratio
D) Fixed coverage ratio

 

 

ANSWER

B

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00