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6. Laredo, Inc. has a contribution margin ratio of 35%. This month, sales revenue was $182,000, and profit was $25,000. If sales revenue increases by

6.

Laredo, Inc. has a contribution margin ratio of 35%. This month, sales revenue was $182,000, and profit was $25,000. If sales revenue increases by $43,000, by how much will profit increase?

Multiple Choice

  • $875

  • $15,050

  • $12,550

  • $3,500

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