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.