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The Following Data Have Been Provided by a Retailer That

question 14

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The following data have been provided by a retailer that sells a single product:
 This Year  Last Year  Units Sold 200,000150,000 Sales Revenue $1,000,000$1750,000 Less: Cost of Goods Sold 700,000525,000 Gross Margin 300,000225,000 Less: Operating Expenses 222,000210,000 Operating Income $78,000$15,000\begin{array}{|l|r|r|}\hline & \text { This Year } & \text { Last Year } \\\hline \text { Units Sold } & 200,000 & 150,000 \\\hline \text { Sales Revenue } & \$ 1,000,000 & \$ 1750,000 \\\hline \text { Less: Cost of Goods Sold } & \underline{700,000} & \underline{\mathbf{5 2 5 , 0 0 0}} \\\hline \text { Gross Margin } & 300,000 & 225,000 \\\hline \text { Less: Operating Expenses } & \underline{222,000} & \underline{\mathbf{2 1 0 , 0 0 0}} \\\hline \text { Operating Income } & \underline{\$ 78,000} & \underline{\$ 15,000} \\\hline\end{array}


-What is the best estimate of the company's contribution margin for this year?

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Definitions:

Project Managers

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An overview or broad perspective of an issue or situation, taking all relevant aspects and potential implications into account.

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