1, -1 !!! i hope this helps (also download mathpapa :D )
You can you 72 which would make 2/8 18/72 and 3/9 24/72 which makes the sum 42/72.
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:
=0.477121x−0.589826
Step-by-step explanation:
