Selma inc. reported the following results from last year’s operations: sales $ 13,800,000 variable expenses 9,950,000 contribution margin 3,850,000 fixed expenses 3,022,000 net operating income $ 828,000 average operating assets $ 6,000,000

last year's margin was closest to: multiple choice

78.1%
6.0%
13.8%
27.9%

Which term refers to the cost that motivates an economic decision

Select the correct answer. joshua runs a large manufacturing business that is listed on the stock exchange. his company made good profits in the previous financial year. he now plans to reward his shareholders with handsome dividends. under which category of activities in the cash flow statement would the company’s accountants place this outflow of cash? a. investing activities b. operating activities c. financing activities d. non-operating activities

The demand curve determines equilibrium price in a market. is a graphical representation of the relationship between price and quantity demanded. depicts the relationship between production costs and output. is a graphical representation of the relationship between price and quantity supplied.