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6. Consider the following information: CONTRIBUTION MARGIN $70,000 FIXED COSTS $50,000 Suppose the company's CM ratio is 40%. They want to break even. How much
6. Consider the following information:
CONTRIBUTION MARGIN $70,000
FIXED COSTS $50,000
Suppose the company's CM ratio is 40%. They want to break even. How much sales revenue do they need to generate?
$125,000
$175,000
$50,000
$28,000
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