Question
In 2019, Blue Co. had a contibution margin equal to 50% of sales and net income equal to 20% of sales. It's net income for
In 2019, Blue Co. had a contibution margin equal to 50% of sales and net income equal to 20% of sales. It's net income for 2019 was $10,000. How much were Blue's fixed costs in 2019?
| a. | $10,000 | |
| b. | $15,000 | |
| c. | $25,000 | |
| d. | $50,000 |
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Case Studies In Strategic ManagementHow Executive Input Enables Students Development
Authors: Gunther Friedl, Andreas Biagosch
1st Edition
3319955543, 9783319955544
