Contribution margin is calculated as _______ less _______. A) ...

[Lisaclaire]

Contribution margin is calculated as _______ less _______.
 A) sales revenue; variable costs
  B) fixed costs; variable costs
  C) sales revenue; total costs.
  D) sales revenue; fixed costs
  E) breakeven point; variable costs

Question 2

Glenn quit his 9-to-5 job to start his own construction business. Although he typically works 10-12 hours a day to get everything done, he doesn't mind and feels great doing it. This relates to the entrepreneurial characteristic of:
 A) confidence.
  B) energy.
  C) internal drive.
  D) vision.
  E) tolerance for uncertainty.

[kishoreddi]

Answer to Question 1

A

Answer to Question 2

B

[Lisaclaire]

Excellent

[kswal303]

Great answer, keep it coming