Multiple Choice
Chiodini Inc.has a $900,000 investment opportunity that involves sales of $2,430,000,fixed expenses of $1,044,900,and a contribution margin ratio of 50% of sales.The ROI for this year's investment opportunity considered alone is closest to:
A) 16.3%
B) 18.9%
C) 7.0%
D) 135.0%
Correct Answer:
Verified
Correct Answer:
Verified
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