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4. The contribution margin ratio for Zee Corporation is 40%, sales are $600,000, and fixed costs are $160,000. An increase in a. 10%Zees sales by
4. The contribution margin ratio for Zee Corporation is 40%, sales are $600,000, and fixed costs are $160,000. An increase in a. 10%Zees sales by 10% will increase the corporations profitability by:
a. 10%
b. 20%
c. 30%
d. 40%
e. Cannot be determined with the above provided information.
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