If the contribution margin ratio for France Company is 45%, sales were $425,000, and fixed costs were

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If the contribution margin ratio for France Company is 45%, sales were $425,000, and fixed costs were $100,000,what was the income from operations?

a. $233,750

b. $91,250

c. $191,250

d. $133,750

Related Book For answer-question

Construction accounting and financial management

ISBN: 978-0135017111

2nd Edition

Authors: Steven j. Peterson

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Posted Date: Jan 11, 2021 05:03 AM

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If the contribution margin ratio for France Company is 45%, sales were $425,000, and fixed costs were

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Construction accounting and financial management

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