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Business, 14.11.2021 22:20 23lopezjimenezl

Minar Inc. reported the following results from last year’s operations: Sales $ 5,700,000 Variable expenses 3,510,000 Contribution margin 2,190,000 Fixed expenses 1,734,000 Net operating income $ 456,000 Average operating assets $ 3,000,000 At the beginning of this year, the company has a $900,000 investment opportunity with the following characteristics: Sales $ 1,530,000 Contribution margin ratio 60 % of sales Fixed expenses $ 810,900 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:

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Minar Inc. reported the following results from last year’s operations: Sales $ 5,700,000 Variable ex...
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