Question
6. Laredo, Inc. has a contribution margin ratio of 35%. This month, sales revenue was $182,000, and profit was $25,000. If sales revenue increases by
6.
Laredo, Inc. has a contribution margin ratio of 35%. This month, sales revenue was $182,000, and profit was $25,000. If sales revenue increases by $43,000, by how much will profit increase?
Multiple Choice
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$875
-
$15,050
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$12,550
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$3,500
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Auditing And Assurance Services An Integrated Approach
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley
11th Edition
0131867121, 978-0131867123
