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Blossom Corporation sells a single product for $40. Its management estimates the following revenues and costs for the year 2022 : - Your answer is

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Blossom Corporation sells a single product for $40. Its management estimates the following revenues and costs for the year 2022 : - Your answer is incorrect. Calculate the contribution margin ratio, the annual margin of safety ratio, and the annual operating income. (Round answers to 0 decimal places, e.g. 15 or 15%.)

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