Lexus Corporation has an investment opportunity with the following cost and revenue characteristics: • • Sales: $450,000 CM Ratio: 60% . Fixed Expenses: $270,000 What is the margin related to this year's investment opportunity?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 23MC: If a firm has a contribution margin of $78M90 and a net income of $13,700 for the current month,...
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Solve this financial accounting problem

Lexus Corporation has an investment
opportunity with the following cost and
revenue characteristics:
•
•
Sales: $450,000
CM Ratio: 60%
. Fixed Expenses: $270,000
What is the margin related to this year's
investment opportunity?
Transcribed Image Text:Lexus Corporation has an investment opportunity with the following cost and revenue characteristics: • • Sales: $450,000 CM Ratio: 60% . Fixed Expenses: $270,000 What is the margin related to this year's investment opportunity?
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