Question: Show Me How Printem Contribution Margin and contribution Margin Ratso For a recent year, McDonald's (MCD) company owned restaurants had the following sales and expenses

 Show Me How Printem Contribution Margin and contribution Margin Ratso For

a recent year, McDonald's (MCD) company owned restaurants had the following sales

Show Me How Printem Contribution Margin and contribution Margin Ratso For a recent year, McDonald's (MCD) company owned restaurants had the following sales and expenses (in millions) Sales $25,000 Food and packaging 5(7,010) Payroll (6,300) Occupancy (rent, deprecation, etc.) (7,340) General, selling, and administrative expenses (3,600) $(24,250) Operating income $750 Assume that the variable costs consist of food and packaging, payroll, and 40% of the general, selling and administrative expenses What is McDonald's contribution margin? Round to the nearest million. (Give answer in milions of dollars) million b. What is McDonald's contribution margin ratio? c. How much would operating income increase if same store sales increased by $1,500 million for the coming year, with no change in the contribution margin ratio or fixed costa? Round your answer to the closest milion million

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