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Contribution margin and contribution marion ratio For a recent yeac, McDonald's (MCD) companrowned restourants had the following sales and expenses (in millicns): Assume that the
Contribution margin and contribution marion ratio For a recent yeac, McDonald's (MCD) companrowned restourants had the following sales and expenses (in millicns): Assume that the variable costs consst of food and papec, payroll, 25% of eccupancy and ether mopenses, and 40% of the general, seling, and adminiatrake experses. a. What is McDonalds contribution maroin? 1 milion b. What is McDonald's contribution margin ratio? Mound to one decimal place. your answer to the nearest tenth of a miliien (ene decimal place) milion Contribution margin and contribution marion ratio For a recent yeac, McDonald's (MCD) companrowned restourants had the following sales and expenses (in millicns): Assume that the variable costs consst of food and papec, payroll, 25% of eccupancy and ether mopenses, and 40% of the general, seling, and adminiatrake experses. a. What is McDonalds contribution maroin? 1 milion b. What is McDonald's contribution margin ratio? Mound to one decimal place. your answer to the nearest tenth of a miliien (ene decimal place) milion
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