Raines company's sales are $750,000 with operating profits of $130,000. if the contribution margin ratio is 40%, what did the fixed costs amount to?

Respuesta :

W0lf93
Raines company's, having reported gross sales of $750,000, with net profits of $130,000, and a 40% contribution margin ratio (equaling $300,000), subsequently had fixed costs of $320,000.