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For a recent year, Wicker Company - owned restaurants had the following sales and expenses ( in millions ) : Sales $ 1 8 ,
For a recent year, Wicker Companyowned restaurants had the following sales and expenses in millions:
Sales $
Food and packaging $
Payroll
Occupancy rent depreciation, etc.
General, selling, and administrative expenses
total $
Income from operations $
Assume that the variable costs consist of food and packaging; payroll; and of the
What is Wicker Company's contribution margin? Round to the nearest million. Give answer in millions of dollars. general, selling, and administrative expenses.
What is Wicker Company's contribution margin ratio? Round your answer to one decimal place.
How much would income from operations increase if samestore sales increased by $ million for the coming year, with no change in the contribution margin ratio or fixed costs? Round your answer to the closest million.
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