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Fern, Inc. has fixed costs of $63,000 and a contribution margin ratio of 25%. How much sales revenue must be earned for a profit of

Fern, Inc. has fixed costs of $63,000 and a contribution margin ratio of 25%. How much sales revenue must be earned for a profit of $67.500? Multiple Choice $626,400 $109,620 $522.000 $46,980

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