Multiple Choice
Tallon Inc.has a $1,200,000 investment opportunity that involves sales of $1,680,000,fixed expenses of $336,000,and a contribution margin ratio of 30% of sales.The turnover for this investment opportunity is closest to:
A) 1.40
B) 0.10
C) 10.00
D) 0.71
Correct Answer:
Verified
Correct Answer:
Verified
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