Assume a company reported the following results: Sales Variable expenses Contribution margin Fixed expenses Net operating...

  

Transcribed Image Text:

Assume a company reported the following results: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets The margin is closest to: Multiple Choice O O O O 12.9% 35.0% 114.3% 11.0% $ 400,000 260,000 140,000 96,000 $ 44,000 $ 350,000 Assume a company reported the following results: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets The margin is closest to: Multiple Choice O O O O 12.9% 35.0% 114.3% 11.0% $ 400,000 260,000 140,000 96,000 $ 44,000 $ 350,000

Answer rating: 100% (QA)

Answer Return on Investment ... View the full answer