Question
Which of the following formulas is used to calculate the contribution margin ratio? (Sales - Fixed expenses) / Sales (Sales - Cost of goods sold)
Which of the following formulas is used to calculate the contribution margin ratio?
(Sales - Fixed expenses) / Sales
(Sales - Cost of goods sold) / Sales
(Sales - Variable expenses) / Sales
(Sales + Variable expenses) X Sales
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Financial Modeling
Authors: Simon Benninga
3rd Edition
0262026287, 9780262026284
