Online customers may feel left in a vacuum if the company does not communicate efficiently, clearly, and in a timely manner

Truesdell Brewery Company uses the direct method for its statement of cash flow

Assume Accrued Liabilities relate to Operating Expenses. It reports the following information regarding the year ending December 31, 2017: Truesdell Brewery Company Income Statement For the Year Ended December 31, 2017 Sales Revenue $312,000 Cost of Goods Sold 247,000 Operating expenses 32,500 Net Income $32,500 Truesdell Brewery Company Partial Balance Sheet 2017 2016 Accounts Receivable (net) $19,500 $15,600 Merchandise Inventory 23,400 28,600 Accrued Liabilities 1,560 3,900 Accounts Payable (Merchandise Inventory) 15,600 9,100 Assume that there were no sales of long-term assets, no interest revenue, and no expenses other than the expenses shown above. Also, assume that Accounts Payable is for purchases of merchandise inventory only. Prepare the operating activities section of the statement of cash flows. What will be an ideal response

Contribution margin ratio is equal to ________

A) fixed costs divided by contribution margin per unit B) net sales revenue per unit minus variable costs per unit C) net sales revenue minus variable costs D) contribution margin divided by net sales revenue