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Williams Incorporated reported the following results from last years operations: Sales $25,000,000 Variable expenses 13,500,000 Contribution margin 11,500,000 Fixed expenses 8,350,000 Net operating income $3,150,000
| Williams Incorporated reported the following results from last years operations: | |
| Sales | $25,000,000 |
| Variable expenses | 13,500,000 |
| Contribution margin | 11,500,000 |
| Fixed expenses | 8,350,000 |
| Net operating income | $3,150,000 |
What is the margin for last year?
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Managerial Accounting Creating Value in a Dynamic Business Environment
Authors: Ronald W. Hilton
11th edition
125956956X, 978-1259569562
