Question
xyz has a $1,500,000 investment opportunity that involves sales of $5,000,000, fixed expenses of $2,000,000, and a contribution margin ratio of 50%. What is the
xyz has a $1,500,000 investment opportunity that involves sales of $5,000,000, fixed expenses of $2,000,000, and a contribution margin ratio of 50%. What is the ROI for this year's investment opportunity?
Multiple Choice
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33.3%
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9.6%
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10%
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3.0%
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
