Question
A company with a higher contribution margin ratio is a. more sensitive to changes in sales revenue. b. less sensitive to changes in sales revenue.
A company with a higher contribution margin ratio is
| a. | more sensitive to changes in sales revenue. | |
| b. | less sensitive to changes in sales revenue. | |
| c. | either more or less sensitive to changes in sales revenue, depending on other factors. | |
| d. | likely to have a lower breakeven point. |
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University Auditing In The Digital Era Challenges And Lessons For Higher Education Professionals And CAEs
Authors: Sezer Bozkus Kahyaoglu; Erman Coskun
1st Edition
0367553228, 9780367553227
