Question: Contribution Marpin and Contribution Margin Ratio For a recent year, McDonald's (MCD) company-owned restaurants had the following sales and expenses (in milions): mssume that the

Contribution Marpin and Contribution Margin Ratio For a recent year, McDonald's (MCD) company-owned restaurants had the following sales and expenses (in milions): mssume that the varisble costs consist of food and packaging, payroll, and 40% of the general, seling, and administrative expenser. a. What is McDonald's contribution margin? Round to the nearest tenth of a million (one decimal place). milion b. What is Mcbonald's contribution margin ratio? Round to one decimal place. 35 c. How much would operating income increase if same-store sales increased by $600 million for the coming year, with no change in the contribution margin ratio or fixed. costs? Round your answer to the nearest tenth of a milion (one decimal place). milision

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6. Have you used solid reasoning in your argument?

8. Have you checked (and rechecked) your speech for logical fallacies? Have you addressed and removed any that youve identified?

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