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A company has a contribution margin ratio of 35%. They are contemplating an advertising campaign that will cost 25,000. If sales increase by 75,000, what
A company has a contribution margin ratio of 35%. They are contemplating an advertising campaign that will cost 25,000. If sales increase by 75,000, what will be the impact on the company's profit? ABCD It will increase by 1,250 It will decrease by 1,250 It will increase by 17,500 It will decrease by 17,500 (4 Marks)
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