Question: Othman Incorporated has a $ 8 0 0 , 0 0 0 investment opportunity with the following characteristics: Sales Contribution margin ratio $ 2 ,

Othman Incorporated has a $800,000 investment opportunity with the following characteristics:
Sales
Contribution margin ratio
$2,240,000
50%of sales
$1,008,000
Fixed expenses
The margin for this investment opportunity is closest to:
Multiple Choice
50.0%
55.0%

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