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    Practical Financial Management Study Set 1
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    Exam 14: Capital Structure and Leverage
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    Contribution Is Defined as the Amount by Which Price Exceeds
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Contribution Is Defined as the Amount by Which Price Exceeds

Question 133

Question 133

True/False

Contribution is defined as the amount by which price exceeds variable cost per unit. Contribution stated as a percent of price is known as contribution margin.

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