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for calculation 26. Youns Ine. reported the following results from last years operations Sales Variable expenses Contribution margin Fixed expenses Net operating income S 10,500,000
for calculation 26. Youns Ine. reported the following results from last years operations Sales Variable expenses Contribution margin Fixed expenses Net operating income S 10,500,000 6,610,000 3,890,000 3,260,000 630,000 The company's average operating assets were $5,000,000. At the beginning of this year, the company has a $1,400,000 investment opportunity that invol of $2,800,000, fixed expenses of $616,000, and a contribution margin ratio of 30% of sales. ves sales If the company pursues the investment opportunity and otherwise performs the same as last year, combined turnover for the entire company will be closest to: a. 9.50 b. 1.64 c. 2.66 d. 2.08 the
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