Respond to the following prompt As the owner of your company, why are contribution margins and
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Question:
Respond to the following prompt
• As the owner of your company, why are contribution margins and contribution margin ratios important to you?
• Why is the break-even point important to you? If your sales are below the break-even point, would you keep your company open? Why or why not you closed your doors, would you still be responsible for the payment of your fixed expenses? List some of them and state the reason why Guidelines
Related Book For
Foundations of Finance The Logic and Practice of Financial Management
ISBN: 978-0132994873
8th edition
Authors: Arthur J. Keown, John D. Martin, J. William Petty
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