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Bluffinmuffin Bluffinmuffin
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A year ago

Othman Incorporated has a $800,000 investment opportunity with the following characteristics:

Sales$ 2,240,000
Contribution margin ratio50%of sales
Fixed expenses$ 1,008,000

The margin for this investment opportunity is closest to:



▸ 50.0%

▸ 45.0%

▸ 5.0%

▸ 55.0%
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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latoya86latoya86
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A year ago
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Bluffinmuffin Author
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A year ago
Thanks
jodie1
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Yesterday
Smart ... Thanks!
Loruiz15
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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