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Estimate the contribution margin for each segment

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Question - Winston Sylvester Corporation is a brokerage and financial service company. The company recently provided information about its major business segments as follows (in millions):

 

Investor Services

Institutional Services

Revenues

$2,790

$1,283

Income from operations

1,008

177

Depreciation

90

53

Required - Estimate the contribution margin for each segment, assuming depreciation represents the majority of fixed costs.

Reference no: EM131594853

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