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
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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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