The uptown branch of Kenny's Deli is organized as an investment center. The following information is available for the current year:
If you select answer d for question 5, indicate the correct amount in the space provided.
-Refer to the above data. The contribution margin ratio is:
A) 40%.
B) 50%.
C) 55%.
D) 25%.

Question

The uptown branch of Kenny's Deli is organized as an investment center. The following information is available for the current year:
  If you select answer d for question 5, indicate the correct amount in the space provided.
-Refer to the above data. The contribution margin ratio is:
A) 40%. 
B) 50%. 
C) 55%. 
D) 25%.

Quizplus · Accepted Answer

($120,000/$220,000 = 55%)

The Uptown Branch of Kenny's Deli Is Organized as an Investment