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Bryce Co. sales are $856,000, variable costs are $463,000, and income from operations is $297,000. What is the contribution margin ratio? a. 54.1% b. 59.3%
Bryce Co. sales are $856,000, variable costs are $463,000, and income from operations is $297,000. What is the contribution margin ratio? a. 54.1% b. 59.3% c. 45.9% d. 41.6% Step by Step Solution
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Financial Accounting
Authors: Alan Melville
2nd Edition
0273634399, 978-0273634393
