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Sheridan Companyreported the following items for 2019 Income tax expense $54000 Contribution margin 140000 Controllable fixed 80000 costs Interest expense 64000 Total operating 32000 assets How much is controllable margin? O $54000 O$140000 O $26000 O $60000

Sheridan Companyreported the following items for 2019 Income tax expense $54000 Contribution margin 140000 Controllable fixed 80000 costs Interest expense 64000 Total operating 32000 assets How much is controllable margin? O $54000 O$140000 O $26000 O $60000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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View Policies Current Attempt in Progress Sheridan Companyreported the following items for 2019 Income tax expense $54000 Contribution margin 140000 Controllable fixed 80000 costs Interest expense 64000 Total operating 32000 assets How much is controllable margin? O $54000 $140000 O$26000 O $60000
Transcribed Image Text:View Policies Current Attempt in Progress Sheridan Companyreported the following items for 2019 Income tax expense $54000 Contribution margin 140000 Controllable fixed 80000 costs Interest expense 64000 Total operating 32000 assets How much is controllable margin? O $54000 $140000 O$26000 O $60000
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