34) 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% 35) Canedo Inc. reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net S 9,600,000 7,170,000 2,430,000 1,470,000 960,000 4,000,000 operating income Average operating assets At the beginning of this year, the company has a $700,000 investment opportunity with the following characteristics: 2,310,000 Sales Contribution margin ratio Fixed expenses 60% of sales S 1,201,200 If the company pursues the investment opportunity and otherwise performs the same as last year the combined turnover for the entire company will be closest to A) 2.98 B) 17.01 C) 2.53 D) 2.04