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Youns Inc.reported the following results from last year's operations: The company's average operating assets were $5,000,000.
At the beginning of this year,the company has a $1,400,000 investment opportunity that involves sales of $2,800,000,fixed expenses of $616,000,and a contribution margin ratio of 30% of sales.
If the company pursues the investment opportunity and otherwise performs the same as last year,the combined turnover for the entire company will be closest to:
Marginal Revenue
The profit increase achieved by selling one additional unit of a product or service.
Marginal Cost
The incremental cost involved in producing an additional unit of a good or service.
Marginal Revenue
The financial gain a firm acquires from the sale of an extra unit of a product or service.
Surround Sound Systems
Audio systems designed to immerse the listener in a rich and directional sound experience by using multiple speakers placed around the environment.
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