Question
The ratio that indicates the percentage of each sales dollar available to cover the fixed costs and to provide operating income is termed the contribution
The ratio that indicates the percentage of each sales dollar available to cover the fixed costs and to provide operating income is termed the contribution margin ratio. Group of answer choices True False
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Core Concepts of Accounting
Authors: Cecily A. Raiborn
2nd edition
470499478, 978-0470499474
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