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1.What is the meaning of contribution margin ration? How is this ratio useful in planning business operations? 2. In all respects, Company A and Company

1.What is the meaning of contribution margin ration? How is this ratio useful in planning business operations?

2. In all respects, Company A and Company B are identical except that Company As costs are mostly variable whereas Company Bs costs are mostly fixed. When sales increase, which company will tend to realize the greatest increase in profits? Explain.

3. What is the meaning of operating leverage?

4. What is the meaning of break-even point?

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