If the contribution margin ratio for France Company is 45%, sales were $425,000, and fixed costs were $100,000, what was the income from operations? a. $167,750 b. $91,250 c. $325,000 d. $133,750

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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If the contribution margin ratio for France Company is 45%,
sales were $425,000, and fixed costs were $100,000, what
was the income from operations?
a. $167,750
b. $91,250
c. $325,000
d. $133,750
Transcribed Image Text:If the contribution margin ratio for France Company is 45%, sales were $425,000, and fixed costs were $100,000, what was the income from operations? a. $167,750 b. $91,250 c. $325,000 d. $133,750
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