Question
______ Consider a firm that is in the profit zone. If the contribution margin ratio and fixed costs are both constant and sales dollars increase
______ Consider a firm that is in the profit zone. If the contribution margin ratio and fixed costs are both constant and sales dollars increase by $10,000, then net operating income will increase by
a. FC x 10,000
b. CM x 10,000
c. CM x (FC 10,000)
d. CM% x 10,000 e. None of the above
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The Iso 9000 Auditors Companion
Authors: Kent A. Keeney
1st Edition
0873893247, 978-0873893244
