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Home Q & A Board Other Fields Homework Help Business Accounting
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8 years ago
Which of the following formulas is the right formula for calculating contribution margin ratio?
A) Contribution margin ratio = Contribution margin × Net sales revenue
B) Contribution margin ratio = Contribution margin - Net sales revenue
C) Contribution margin ratio = Contribution margin + Net sales revenue
D) Contribution margin ratio = Contribution margin / Net sales revenue
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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8 years ago
Will mark this subject solved, thanks
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8 years ago
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