If the contribution margin ratio for France Company is 45%, sales were $425,000. and fixed costs were $100,000, what was the income from operations?
A) $167,750
B) $91,250
C) $325,000
D) $133,750
B
You might also like to view...
Marketing objectives typically include target sales volume, market share, and profits
Indicate whether the statement is true or false
Which of the following statements is true regarding a defined contribution pension plan?
A) The pension benefits to be received by the employee during retirement are defined in the plan. B) Defined contribution plans have the more complex accounting issues than defined benefit plans. C) Defined contribution plans do not define the benefits that the pension plan must pay to retired employees. D) Employers that use defined contribution plans are assuming more risks than employers that use defined benefit plans.
All of the following are characteristics of evaluation EXCEPT ________
A) using techniques that measure results against established objectives B) selecting outcomes randomly, according to the survey design C) providing data that answers the "accountability questions" D) reinforcing promises made to management to secure their buy-in
Millennials are the first generation to be born into the digital revolution of the 20th century
Indicate whether the statement is true or false