What role does contribution margin play in this equation?
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What role does contribution margin play in this equation?
Contribution MarginContribution margin is an important element of cost volume profit analysis that managers carry out to assess the maximum number of units that are required to be at the breakeven point. Contribution margin is the profit before fixed cost and taxes...
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The contribution margin ratio also sometimes called the profit volume ratio indicates the percentage ...View the full answer
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Related Book For
Essentials of strategic management
ISBN: 978-1111525194
3rd Edition
Authors: Charles w. l. hill, Gareth r. Jones
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