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3. Othman Inc. has a $800,000 investment opportunity with the following characteristics: Sales $ 2,240,000 Contribution margin ratio 50 % of sales Fixed expenses $

3. Othman Inc. has a $800,000 investment opportunity with the following characteristics:


Sales	$	2,240,000
Contribution margin ratio		50	% of sales
Fixed expenses	$	1,008,000

The margin for this investment opportunity is closest to:

Multiple Choice

5.0%

55.0%

45.0%

50.0%

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