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Tallon Inc. has a $1,200,000 investment opportunity that involves sales of $1,680,000, fixed expenses of $336,000, and a contribution margin ratio of 30% of sales.

Tallon Inc. has a $1,200,000 investment opportunity that involves sales of $1,680,000, fixed expenses of $336,000, and a contribution margin ratio of 30% of sales. The turnover for this investment opportunity is closest to:

Multiple Choice

  • 0.71

  • 1.40

  • 10.00

  • 0.10

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