Please see the following results from Year 8: Revenues: $75MM Cost of Goods...
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Accounting
Please see the following results from Year 8:
Revenues: $75MM
Cost of Goods Sold: $37MM
Fixed Expenses: ?
Net Contribution: -$25MM
If we are projecting a Net Contribution of $5MM for year 9, Revenue has a forecast growth of 20% and the Cost of Goods Sold are estimated at $40MM, please tell me the projected Fixed Expense for Year 9?
a) $63 MM
b) $45 MM
c) $6 MM
d) $40 MM
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