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3. A company has sales of $240,000, total fixed costs of $40,000, and a contribution ratio of 30%. What is its profit? a.$128,000 b.$32,000 c.$40,000
3. A company has sales of $240,000, total fixed costs of $40,000, and a contribution ratio of 30%. What is its profit?
a.$128,000
b.$32,000
c.$40,000
d.$72,000
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Risk-Based Internal Audit
Authors: Jason Lee Mefford
1st Edition
1631922629, 9781631922626
