What is a products CM ratio? How is this ratio useful in planning business operations?

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What is a product’s CM ratio? How is this ratio useful in planning business operations?

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Managerial Accounting

ISBN: 9780072834949

11th Edition

Authors: Ray Garrison, Eric Noreen, Peter Brewer

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Question Posted: Oct 11, 2019 01:40 PM

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What is a products CM ratio? How is this ratio useful in planning business operations?

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The contribution margin CM ratio is the ratio of contribution margin to total sales rev...View the full answer

Managerial Accounting

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