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A company provided the following results from It's operations Total Sales Variable expenses $400,000 280.000 Contribution margin 120,000 Fixed expenses 100.000 Net operating income $20,000
A company provided the following results from It's operations Total Sales Variable expenses $400,000 280.000 Contribution margin 120,000 Fixed expenses 100.000 Net operating income $20,000 Contribution margin ratio is: O 30% O 60% O 16.67% O 70%
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