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John Wilson, a Sole Proprietor, Has the Following Projected Figures

Question 40

Multiple Choice

John Wilson, a sole proprietor, has the following projected figures for next year:
John Wilson, a sole proprietor, has the following projected figures for next year:     What is the contribution margin ratio? (Note: Round answer to three decimal places.)  A)  0.250 B)  1.429 C)  0.429 D)  3.333 E)  0.700 What is the contribution margin ratio? (Note: Round answer to three decimal places.)


A) 0.250
B) 1.429
C) 0.429
D) 3.333
E) 0.700

Correct Answer:

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