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cricket20 [7]
3 years ago
6

Jensen Company has a contribution margin ratio of 45%. This means that its variable costs are 55% of sales. True False

Business
1 answer:
Sergeeva-Olga [200]3 years ago
5 0

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.

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Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,500 monthly. The contract currently sells for $115
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Mayra offers to sell her home to Hanna for "about $100,000 plus closing costs" and has no other comments, provisions, or discuss
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The most probable result is that the court will declare the contract invalid and non-binding because the purchase price and important terms regarding the consideration involve are too vague and indefinite.

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4 0
2 years ago
Jillian has just started her first job with a $45,000 salary at a company with a 401(k) plan that has a 100% match up to 3% gros
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Answer:

Jillian

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