Question
a) If a business has a total contribution margin of 45%, what does this mean for that business? Is this good or bad and why?
a) If a business has a total contribution margin of 45%, what does this mean for that business? Is this good or bad and why?
b) If a business has a break even point of 35%, what does this mean for that business? Is that good or bad and why?
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Management And Cost Accounting
Authors: Colin Drury
5th Edition
1861525362, 978-1861525369
