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Category > Business & Finance Posted 01 May 2017 My Price 5.00

Olsen Auto Supply typically earns a contribution

3.   Olsen Auto Supply typically earns a contribution margin ratio of 40 percent. The store manager estimates that by spending an additional $5,000 per month for radio advertis- ing the store will be able to increase its operating income by $3,000 per month. The manager is expecting the radio advertising to increase monthly dollar sales volume by:

a.   $12,500.                                 c.    $7,500.

b.   $8,000.                                   d.    Some other amount.

 

Answers

Alpha Geek
(8)
Status NEW Posted 01 May 2017 08:05 AM My Price 5.00

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Attachments

file 1493626558-answer1.docx preview (117 words )
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