Answer:
do your self use your brain picture turmtottgejs s
Step-by-step explanation:
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36...
<span>divide your 16 by 4, so that you have 1/9. You then multiply the resulting number(4) by your denominator, 9. 4 times 9 = 36</span>
In an internal operating income statement, the form is as such:
(1) Sales (or Revenue) - Total Variable Costs = Contribution Margin;
(2) Contribution Margin - Total Fixed Costs = Operating Income
and
(3) Contribution Margin Ratio = Contribution Margin/Sales
The first equation helps us out. Sales is the whole amount for this statement, or 100%. We know variable costs are 62% and the rest goes to the Cont. Margin.
100% - 68% = 32% (choice A)
