Exerclse Algo Computing and Using the CM Ratio LO
Last month when Holiday Creations, Inc. sold units, total sales were $ total variable expenses were $ and fixed expenses were $
Required:
What is the company's contribution margin CM ratio?
What is the estimated change in the company's net aperating income if it can incresse total sales by $Do not round intermediate calculations.
tableContribution margin ratio,,?Estimated change in net aperating,,
