Business, 28.03.2020 05:03 SupremeNerdx

Tennill Inc. has a $1,400,000 investment opportunity with the following characteristics: Sales $4,480,000
Contribution margin ratio 40% of sales
Fixed expenses $1,657,600

The ROI for this year's investment opportunity considered alone is closest to:
A. 8.1 %
B. 128.0 %
C. 3.0 %
D. 9.6 %

Answers: 1

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Tennill Inc. has a $1,400,000 investment opportunity with the following characteristics: Sales $4,48...

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