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)
Answer:
the total amount of animals in McDonald's farm is missing, so I looked for a similar question and found the attached image:
McDonald can earn:
15 cows x $250 = $3,750
2 horses x $250 = $500
20 sheep x $200 = $4,000
25 goats x $200 = $5,000
17 chickens x $50 = $850
total = $14,100
Answer:
Right Angle- an angle of 90°, as in a corner of a square or at the intersection of two perpendicular straight lines.
Straight Angle-A straight angle is 180 degrees. This is a straight angle.
Step-by-step explanation:
180 is a straight angle and 90 is a Right angle