XYZ Co. has a contribution margin of $450,000 and profit of $150,000. If sales increase 5%, by how much will profits increase? O a. 15% O b. 90% О с. 30% O d. 60% O e. None of the given answer is correct.
XYZ Co. has a contribution margin of $450,000 and profit of $150,000. If sales increase 5%, by how much will profits increase? O a. 15% O b. 90% О с. 30% O d. 60% O e. None of the given answer is correct.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
![O e. operating income will decrease.
XYZ Co. has a contribution margin of $450,000 and profit of $150,000. If sales increase 5%, by how much will profits
increase?
O a.
15%
O b. 90%
30%
O d. 60%
O e.
None of the given answer is correct.
NEXT PAGE
AGE
Po](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3e502f88-ae44-4d91-920d-60bb77be27a7%2F16c4ee6f-3b25-432b-b60f-b50358d417f5%2F33lxe1_processed.jpeg&w=3840&q=75)
Transcribed Image Text:O e. operating income will decrease.
XYZ Co. has a contribution margin of $450,000 and profit of $150,000. If sales increase 5%, by how much will profits
increase?
O a.
15%
O b. 90%
30%
O d. 60%
O e.
None of the given answer is correct.
NEXT PAGE
AGE
Po
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