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Frontier Corp. has a contribution margin of $1,152,000 and profit of $384,000. If sales increase 20%, by how much will profits increase? Multiple Choice 20.00%

Frontier Corp. has a contribution margin of $1,152,000 and profit of $384,000. If sales increase 20%, by how much will profits increase?

Multiple Choice

20.00%
90.00%
60.00%
30.00%

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