For a recent year, McDonald”s had the following sales and expenses (in millions):


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29.99

For a recent year, McDonald”s had the following sales and expenses (in millions): 1 answer below » For a recent year, McDonald’s had the following sales and expenses (in millions): Sales $15,352 Food and packaging $ 5,204 Payroll 4,040 Occupancy (rent, depreciation, etc.) 1,022 General, selling, and administrative expenses 2,220 $12,486 Income from operations $ 2,866 Assume that the variable costs consist of food and packaging, payroll, and 40% of the general, selling, and administrative expenses. a. What is McDonald’s contribution margin? Round to the nearest million. b. What is McDonald’s contribution View complete question » For a recent year, McDonald’s had the following sales and expenses (in millions): Sales $15,352 Food and packaging $ 5,204 Payroll 4,040 Occupancy (rent, depreciation, etc.) 1,022 General, selling, and administrative expenses 2,220 $12,486 Income from operations $ 2,866 Assume that the variable costs consist of food and packaging, payroll, and 40% of the general, selling, and administrative expenses. a. What is McDonald’s contribution margin? Round to the nearest million. b. What is McDonald’s contribution margin ratio? Round to two decimal places. c. How much would income from operations increase if same-store sales increased by $450 million for the coming year, with no change in the contribution margin ratio or fixed costs? View less » Jul 24 2014 07:48 AM

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29.99