Question: =+EX 21-9 Contribution margin ratio obj. 2 a. 84% For a recent year, McDonalds company-owned restaurants had the following sales and expenses (in millions):
=+EX 21-9 Contribution margin ratio obj. 2
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a. 84%
For a recent year, McDonald’s company-owned restaurants had the following sales and expenses (in millions):
Sales $16,083 _______ Food and packaging $ 5,350 Payroll 4,185 Occupancy (rent, depreciation, etc.) 4,006 General, selling, and administrative expenses 2,340 _______ _______
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