Rodeo,IncHas a Contribution Margin Ratio of 45

question 84

Multiple Choice

Rodeo,Inc.has a contribution margin ratio of 45%.This month,profit was $40,000 and fixed costs were $50,000.How much was Laredo's sales revenue?

• A)$40,500
• B)$90,000
• C)$111,111
• D)$200,000

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Definitions:

Efferent Nerves

Nerve fibers that carry signals away from the brain and spinal cord to the muscles and glands, facilitating action and response.

Afferent

Referring to the transmission of signals towards a central point, particularly nerves that carry impulses towards the brain or spinal cord.

Pyramidal

Referring to a structure, cell, or organization shaped like a pyramid, often used in describing certain brain cells or hierarchical systems.

Olfactory

Pertains to the sense of smell.