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If sales are $814,000, variable costs are 70% of sales, and operating income is $238,000, what is the contribution margin ratio? a.30% b.34% c.70% d.66%
If sales are $814,000, variable costs are 70% of sales, and operating income is $238,000, what is the contribution margin ratio?
a.30%
b.34%
c.70%
d.66%
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Environmental Auditing Fundamentals And Techniques
Authors: J. Ladd Greeno
2nd Edition
091509410X, 978-0915094103
