If the selling price and the variable cost per unit both increase 10 percent and fixed costs do not change, what is the effect on the contribution margin per unit and the contribution margin ratio?

a. Contribution margin per unit and the contribution margin ratio both remain unchanged.
b. Contribution margin per unit and the contribution margin ratio both increase.
c. Contribution margin per unit increases and the contribution margin ratio decreases.
d. Contribution margin per unit increases and the contribution ratio remains unchanged.

d

Business

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Typical job titles in finance include chief financial officer, vice-president of finance, bank officer, consumer credit officer, financial analyst, financial planner, loan officer, insurance analyst, and investment account executive. Which of the following is not one of the qualifications to have a career in finance?

a. higher education b. post-graduate degree c. formal training d. vocational education

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One of the components of self-confidence is to observe other people with capabilities similar to your own perform a task well

Indicate whether the statement is true or false.

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