If the contribution margin ratio for Vera Company is 28%, sales were $1,135,000, and fixed costs were $297,420, what was the income from operations?
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If the contribution margin ratio for Vera Company is 28%, sales were $1,135,000, and fixed costs were $297,420, what was the income from operations?
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- What was the income from operations? GeneralIf the contribution margin ratio for Vera Company is 28%, sales were $1,135,000, and fixed costs were $297,420, what was the income from operations?If the contribution margin ratio for Vera Company is 28%, sales were $1,135,000, and fixed costs were $297,420, what was the income from operations? Right Answer
- General AccountingIf the contribution margin ratio for Martinez Company is 51%, sales were $707,000, and fixed costs were $248,790, what was the operating income?$fill in the blank 2If the contribution margin ratio for Harrison Company is 38 %, sales were $425,000, and fixed costs were $100,000, what was the income from operations? A) $163,500 B) $161,500 C) $54,730 61,500