USA Bus Lines

Excellent Bus Lines operates a bus route that takes passengers from the local train station to the?

Excellent Bus Lines operates a bus route that takes passengers from the local train station to the Grand Shopping Mall and back everyday. Assume the bus tickets sell for $60 per rider, the bus line's variable costs are $10 per rider, and its fixed costs are $50,000 each month. What is the contribution margin ratio? A.12.0% B.16.67% C.83.33% D. 100%

Public Comments

1. Do your own homework.