(e) When sales increase by 1%, which of the following should increase by more than 1% in a merchandising company? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Variable cost Fixed cost Gross margin V Contribution margin V Net operating income
(e) When sales increase by 1%, which of the following should increase by more than 1% in a merchandising company? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Variable cost Fixed cost Gross margin V Contribution margin V Net operating income
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![(e) When sales increase by 1%, which of the following should increase by more than 1% in a merchandising company? (You may select
more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click
the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically
graded as incorrect.)
V Variable cost
Fixed cost
ces
Gross margin
Contribution margin
Net operating income](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F973c4f96-9776-4ea1-aa31-4c6f579f4cb5%2Fcb9d912a-0ffa-43ec-a519-67d3aa2971db%2F74mxnjc_processed.jpeg&w=3840&q=75)
Transcribed Image Text:(e) When sales increase by 1%, which of the following should increase by more than 1% in a merchandising company? (You may select
more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click
the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically
graded as incorrect.)
V Variable cost
Fixed cost
ces
Gross margin
Contribution margin
Net operating income
![(d) When sales increase by 1%, which of the following should also increase by 1% in a merchandising company? (You may select more
than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the
box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded
as incorrect.)
V Variable cost
V Fixed cost
V Gross margin
V Contribution margin
V Net operating income](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F973c4f96-9776-4ea1-aa31-4c6f579f4cb5%2Fcb9d912a-0ffa-43ec-a519-67d3aa2971db%2Fgc5flnc_processed.jpeg&w=3840&q=75)
Transcribed Image Text:(d) When sales increase by 1%, which of the following should also increase by 1% in a merchandising company? (You may select more
than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the
box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded
as incorrect.)
V Variable cost
V Fixed cost
V Gross margin
V Contribution margin
V Net operating income
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