For Coronado Industries, sales is $500000, variable expenses are $335000, and fixed expenses are $140000. Coronado’s contribution margin ratio is a) 67%. b) 33%. c) 28%. d) 5%.

For Coronado Industries, sales is $500000, variable expenses are $335000, and fixed expenses are $140000. Coronado’s contribution margin ratio is

a) 67%.
b) 33%.
c) 28%.
d) 5%.

1 Answer

For Coronado Industries, sales is $500000, variable expenses are $335000, and fixed expenses are $140000. Coronado’s contribution margin ratio is a) 67%. b) 33%. c) 28%. d) 5%.<…

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