7. The Gaylord Company has sales of $800,000, variable costs of


Question Description:

24.99

7. The Gaylord Company has sales of $800,000, variable costs of $400,000, and fixed costs of $250,000. Compute the following: a. Contribution margin ratio b. Break-even sales volume c. Margin of safety ratio d. Net income as a percentage of sales

Answer

24.99