what is last year\'s margin? Onelogin Unit 7-Chapter g Assis × + eztomhedication

Question

what is last year's margin?

Onelogin Unit 7-Chapter g Assis × + eztomhedication.com/hm.p, 0,8023213 Iniversity ?. Home-BankMobile?U ultPro M Gmail w Equifax portal ? Power Bill E Linke IThe following Information applies to the questions displayed below Westerville Company reported the following results from last year's operations: Sales $2.000,000 Variable expenses 640.000 Contribution margin 1.360,000 Fixed expenses Net operating income Average operating assets 860,000 500.000 $ 1,250,000 This year, the company has a $250000 investment opportunity with the following cost and revenue $400,000 sales Contribution märgin ratio Fixed expenses 70 % of sales $220.000 The company's minimum required rate of returm is 1 O Type here to search

Explanation / Answer

Dear Student Thank you for using Chegg Please find below the answer Statementshowing Computations Paticulars Amount Sales     2,000,000.00 Less Variable Expenses      (640,000.00) Contribution Margin     1,360,000.00 Fixed expenses      (860,000.00) Net operating income        500,000.00 last year's margin = 500,000/2000,000 25.00%

Related Questions

Navigate

• Browse (All)
• Browse W
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.