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Determine contribution margin ratio, break-even point in dollars, and margin of safety. Instructions a. What is the contribution margin ratio? b. What is the break-even
Determine contribution margin ratio, break-even point in dollars, and margin of safety. Instructions a. What is the contribution margin ratio? b. What is the break-even point in dollars? c. What is the margin of safety in dollars and as a ratio? d. If the company wishes to increase its total dollar contribution margin by 30% in 2020 , by how much will it need to increase its sales if all other factors remain constant
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