Small increases in profits occur for high contribution-margin ratio companies when sales grow.
Correct Answer:
Verified
Q47: Gross margin is the same as contribution
Q48: Contribution margin = sales price - all
Q50: Sales volume of a given product helps
Q54: Gross margin = sales price - cost
Q56: Margin of safety = actual unit sales
Q112: In highly leveraged companies,small changes in sales
Q115: Highly leveraged companies are less risky than
Q118: Manufacturers of industrial equipment have high contribution-margin
Q123: Cost of goods sold is the cost
Q125: Selling expenses are found in the cost
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