Della's e-Portfolio Design Service has $4,900 fixed expenses. The company's operating income is $0 and the contribution margin ratio is 60%

What are the company's sales in dollars using the shortcut approach to the contribution margin ratio?

A) $8,167
B) $8,192
C) $8,198
D) $8,199

A
Explanation: A) $4,900 + $0 / 0.60 = 8,166.66 ~ $8,167

Business

You might also like to view...

Positive reinforcement

What will be an ideal response?

Business

The purpose of a coordination-of-benefits provision in group health insurance plans is to

A) determine which plan pays first if more than one plan covers a loss. B) determine which health care provider an insured may use for his or her care. C) determine if the calendar-year deductible has been satisfied by the insured. D) determine if the employee is eligible for coverage under the group health plan.

Business