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Othman Inc The Margin for This Investment Opportunity Is Closest To:
A)

Question 51

Multiple Choice

Othman Inc. has a $800,000 investment opportunity with the following characteristics:  Sales $2,240,000 Contribution margin ratio 50% of sales  Fixed expenses $1,008,000\begin{array}{lc}\text { Sales } & \$ 2,240,000 \\\text { Contribution margin ratio } & 50 \% \text { of sales } \\\text { Fixed expenses } & \$ 1,008,000\end{array} The margin for this investment opportunity is closest to:


A) 50.0%
B) 45.0%
C) 5.0%
D) 55.0%

Correct Answer:

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