Question: Operating income can be calculated by: Multiple Choice Dividing fixed costs by the contribution margin ratio. Multiplying fixed costs by the contribution margin ratio. Multiplying

Operating income can be calculated by:

Multiple Choice

  • Dividing fixed costs by the contribution margin ratio.

  • Multiplying fixed costs by the contribution margin ratio.

  • Multiplying the margin of safety by the contribution margin ratio.

  • Dividing the margin of safety by the contribution margin ratio.

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