A firm's current product mix generates sales of $100,000 and an average contribution margin ratio of 40%.

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A firm's current product mix generates sales of $100,000 and an average contribution margin ratio of 40%. If the firm adds a new product with sales of $40,000 and variable costs of $20,000, the firm's new average contribution margin ratio will be

Posted Date: May 19, 2024 09:05 PM

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A firm's current product mix generates sales of $100,000 and an average contribution margin ratio of 40%.

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