Answer is CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC
If you would like to find the numerator of a fraction, you can do this using the following steps:
denominator ... 6 * 5 = 30
numerator ... x = ?
36 = numerator / denominator
36 = x / 30
x = 36 * 30
x = 1080
The correct result would be 1080.
Here's what I got for the first question.
Did you want answers for the second one? I couldn't read that part of the image very well, if you did.
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)
