A company has $300,000 investment opportunity with the following cost and revenue characteristics: Sales: 360,000; CM Ratio: 70%; Fixed Expenses: 216,000. What is the margin related to this year's investment opportunity?
A company has $300,000 investment opportunity with the following cost and revenue characteristics: Sales: 360,000; CM Ratio: 70%; Fixed Expenses: 216,000. What is the margin related to this year's investment opportunity?
Chapter19: Deferred Compensation
Section: Chapter Questions
Problem 31P
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
Transcribed Image Text:A company has $300,000 investment opportunity with the following
cost and revenue characteristics: Sales: 360,000; CM Ratio: 70%;
Fixed Expenses: 216,000. What is the margin related to this year's
investment opportunity?
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