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Day Cruising operates a pontoon boat rental business. Assume the boat rent for $30 per 6 hours. The variable costs are $27 per 6 hours

Day Cruising operates a pontoon boat rental business. Assume the boat rent for $30 per 6 hours. The variable costs are $27 per 6 hours rental, and its fixed costs are $90,000 each month. What is the contribution margin ratio.

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