Question
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.
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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:
75.0%
30.0%
25.0%
5.0%
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Essentials Of Corporate Fraud
Authors: Tracy L. Coenen
1st Edition
047019412X, 978-0470194126
