Multiple Choice
Boespflug Inc.has a $1,000,000 investment opportunity that involves sales of $900,000,fixed expenses of $225,000,and a contribution margin ratio of 30% of sales.The margin for this investment opportunity is closest to:
A) 5.0%
B) 25.0%
C) 75.0%
D) 30.0%
Correct Answer:
Verified
Correct Answer:
Verified
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