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:

Prostate Gland

A gland in the male reproductive system that surrounds the neck of the bladder and urethra, responsible for secreting components of semen.

Calcium Ions

Essential ions in the body that play crucial roles in muscle contractions, neural signaling, and blood coagulation.

Phosphate Ions

Chemical species formed by the dissociation of phosphoric acid, important in cellular energy and bone formation.

Female Vagina

A muscular and tubular part of the female genital tract, extending from the vulva to the cervix, the lower part of the uterus.