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PT Inc. is deciding whether to invest on a $900,000 investment that has the following information: Sales $ 3,500,000 Contribution margin ratio 60 % of
- PT Inc. is deciding whether to invest on a $900,000 investment that has the following information:
| |||
Sales | $ | 3,500,000 |
|
Contribution margin ratio |
| 60 | % of sales |
Fixed expenses | $ | 642,000 |
|
The margin for this investment opportunity is closest to:
- 0.40%
- 5.0%
- 0.42%
- 8.60%
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