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Day Crusing operates a pontoon boat rental business. Assume the boat rent for $ 6 0 per 6 hours. The variable costs are $ 4

Day Crusing operates a pontoon boat rental business. Assume the boat rent for $60 per 6 hours. The variable costs are $40 per 6 hours rental, and its fixed costs are $80,000 each month. What is the contribution margin ratio?
A.67%
B.30%
C.20%
D.33%
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