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In the Most Recent Reporting Period,Athens Corporation's Legion Division Generated

Question 87

Essay

In the most recent reporting period,Athens Corporation's Legion division generated net revenues of $2,000,000 and variable expenses of $700,000.Direct fixed expenses were $500,000 and common corporate fixed expenses were $250,000.What is the division's segment margin?
a.$550,000
b.$800,000
c.$1,050,000
d.$1,300,000

Correct Answer:

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$2,000,000...

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