Answer:
Jensen company has a contribution margin ratio of 45%. This means that its variable costs are 55% of sales.
This statement is true
Explanation:
Contribution margin ratio is the ratio of contribution to sales. Since the contribution margin ratio is 45%, it implies that variable costs are 55% of sales.
<span>After a thorough research, the same question exists with the following choices.
A. offline storage; easy etiquette
B. data backup; online meetings
C. video conferencing; social media
D. data backup; collaboration
The correct answer is letter (D) data backup; collaboration. </span>
The real interest rate would be 5%.
You are getting 8% interest and losing 3% due to inflation= 5%