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Contribution Margin
The Average of the industry Contribution Margin (CM) was 15.40% for 2004, 14.39% for 2005, and 13.18% for 2006. The chart showed that Contribution Margin for the industry has declined; however, Lenovo's CM has been very steadily. It's showed that Lenovo got the stable suppliers and the well-developed distribution channels. On the other hand, Lenovo's Contribution Margin is lower than the CM of Dell and HP. (5) Therefore, Lenovo needs to learn how Dell and HP drove down the variable costs. ((See exhibit ratios)
Accounts Payable Turnover Ratio Ratio for Account Payable Turnover is as Follow: Creditors/accounts payable turnover = Annual credit purchases /Average creditors
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If the winner’s prize increases at the same rate (8.43%), what will it be in 2041?
The Balance Sheet of International Trade Ltd. as on 31/3/2008 is as under:- Liabilities Amount Assets
on this sentence: "all have an interest in understanding what drives trade" please explain what''s meaning of "what drives trade"?
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