A tile manufacturer has supplied the following data: The company's contribution margin ratio is closest to:
A)29.4%
B)4.7%
C)63.3%
D)36.7%

Question

A tile manufacturer has supplied the following data:  The company's contribution margin ratio is closest to:
A)29.4% 
B)4.7% 
C)63.3% 
D)36.7%

Quizplus · Accepted Answer

Unfortunately, the given data does not provide any information about the company's revenue or total costs, which are necessary to calculate the contribution margin ratio. It is therefore not possible to choose any of the answer options with confidence.

A Tile Manufacturer Has Supplied the Following Data: the Company's