Hopi Corporation expects the following operating results for next year: Sales $ 400,000 Margin of safety $
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Question:
Hopi Corporation expects the following operating results for next year:
Sales | $ 400,000 |
---|---|
Margin of safety | $ 100,000 |
Contribution margin ratio | 75% |
Degree of operating leverage | 4 |
What is Hopi expecting total fixed expenses to be next year?
$75,000
$100,000
$200,000
$225,000
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