If the contribution margin ratio for Victory Electronics is 35%, sales were $2,450,000, and fixed costs were $712,500, what was the income from operations?
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If the contribution margin ratio for Victory Electronics is 35%, sales were $2,450,000, and fixed costs were $712,500, what was the income from operations?
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- 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?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