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Montana company reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net operating income The company's average operating
Montana company reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net operating income The company's average operating assets were $7,000,000. Last year's turnover was closest to: OA. 2.40 OB.3.07 OC. 14.29 OD.4.20 $ 16,800,000 12,230,000 4,570,000 3,394,000 $ 1,176,000
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