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For Concord Corporation, sales revenue is $2500000, fixed expenses are $640000, and the contribution margin ratio is 40%. What is the company's net income? $256000

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For Concord Corporation, sales revenue is $2500000, fixed expenses are $640000, and the contribution margin ratio is 40%. What is the company's net income? $256000 $744000 $1000000 $360000

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