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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
- 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:
- 0.04
- 0.76
- 3.60
- 3.00
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