Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

2 Subjects

Download Solution

Related Solution

DQ 1_1637086134.docx
The Indian model of Human Resource Management manages the Human resources within the organization whereas the Strategic Human Resources (SHRM) aligns the human resources according to the strategic obj...

1.1 Discussion
1.1 Discussion

The Indian model of Human Resource Management mana

Module 6 Group Discu...
Homo sapiens "have an average brain size, slightly smaller teeth in the back than in the front of the mouth, emerging foreheads, wide nasal aperture, midfacial prognathism, no chin, and projecting occ...

Module 6 Group Discussion
Module 6 Group Discussion

Homo sapiens "have an average brain size, slightly

Article Analysis 4_1...
The articles that I read from the modules was: California Voter Consumption of Media on Government and Politics: An Analysis of Key Findings from Statewide Survey Research. It was a survey, research a...

Article Analysis 4
Article Analysis 4

The articles that I read from the modules was: Cal

Financial Decision making Dis 2

Financial Decision making Dis 2

Q System Admin Max Points: 5.0 What is meant by a product's contribution margin ratio? How is this ratio useful in planning business operations? Cite any references used. Participate in follow-up discussion by reviewing your classmates' posts, adding additional information, asking questions, or responding to follow-up questions posed by your instructor.

View Related Questions

Solution Preview

View Complete Solution
Contribution margin ratio is a very interesting concept and a popular one too. By contribution we mean, sales minus variable cost. This is the preliminary profit that the firm makes. In other words, the contribution does contain fixed cost that is to be recovered later (Freedman, 2018). Now when we are talking about the contribution ratio, the ratio can be expressed as contribution divided by sales. This ratio is very useful in practical world. For example