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16. Widmark, Inc.'s sales revenue is $1,928,000 and its variable cost of goods sold is 52% of its sales revenue. Widmark's total general, selling and

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16. Widmark, Inc.'s sales revenue is $1,928,000 and its variable cost of goods sold is 52% of its sales revenue. Widmark's total general, selling and admin expenses are 45% fixed and its net income is $43,000. Calculate Widmark's contribution margin (CM) ratio (round to nearest 0.00)

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