If the Contribution Margin Ratio for France Company Is 45

question 13

Multiple Choice

If the contribution margin ratio for France Company is 45%, sales were $425,000, and fixed costs were $100,000, what was the income from operations?

• A) $233,750
• B) $91,250
• C) $191,250
• D) $133,750

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Definitions:

Second Opinion

Seeking advice or diagnosis from another healthcare professional to confirm or question the first provider's recommendations.

Handwritten Documentation

Refers to information or records that are manually written by hand, as opposed to typed or digitally entered.

Abbreviations

Shortened forms of words or phrases used for convenience.

CHEDDAR Format

An acronym for a comprehensive technique used in medical documentation that stands for Chief Complaint, History, Examination, Details, Drugs and dosages, Assessment, and Return visit information.