ABC Company's sales are $100,000, fixed costs are $50,000, and variable costs are $30,000. ABC Company's contribution margin ratio is:

A: 70%.

B: 30%.

C: 50%.

D: 20%.

ABC Company's sales are $100,000, fixed costs are $50,000, and variable costs are $30,000. ABC Company's contribution margin ratio is IS: ? 70% o 30%. o 50% 2096