A company may have many AD domains
Indicate whether the statement is true or false
TRUE
Business
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For Franklin, Inc., sales is $1,500,000, fixed expenses are $450,000, and the contribution margin ratio is 36%. What are the total variable expenses?
a. $288,000 b. $540,000 c. $960,000 d. $1,500,000
Business
If an investor, Cora, buys a share of stock in Epic Electronics from another investor, Nathan, Epic Electronics automatically receives a fixed percentage of the selling price.
a. true b. false
Business