Unlike contribution margin, gross margin can be expressed as a total, as an amount per unit, or as a percentage

Which method of preparing the statement of cash flows reconciles net income to cash flows from operating activities?

A) Direct method - cash recipts vs cash disbursement B) Reconciliation method C) Equilibrium method D) Indirect method faster

A country's ________ indicates the average quality and quantity of goods and services consumed within the country

A) economic infrastructure B) standard of living C) gross domestic product (GDP) D) gross national product (GNP) E) business cycle