Write a contribution margin statement. If there is no information regarding variable and fixed costs, then assume
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Question:
Write a contribution margin statement. If there is no information regarding variable and fixed costs, then assume the variable cost is 70% of total costs and expenses.
Contribution Margin = Revenue - Variable
Cost Contribution Margin Ratio = (Revenue - Variable Cost) / Total Revenues
Walmart Contribution Margin of 547B = Revenue 572B - 25B Operating Expenses
Walmart Contribution Margin Ratio 96% = (Total Revenue 572B - 25B Operating Expenses) / 572B Total Revenue
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