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Comp.com has a $2,600,000 investment opportunity with the following characteristics: Sales $ 2,000,000 Contribution margin ratio 35 % of sales Fixed expenses $ 2,060,000 The

  1. Comp.com has a $2,600,000 investment opportunity with the following characteristics:

Sales

$

2,000,000

Contribution margin ratio

35

% of sales

Fixed expenses

$

2,060,000

The turnover for this investment opportunity is closest to:

  1. 0.04
  2. 0.76
  3. 3.60
  4. 3.00

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