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Garcia's, a company that sells fishing nets provides the following information about its product: Targeted operating income $ 50,000 Selling price per unit 6.00 Variable

Garcia's, a company that sells fishing nets provides the following information about its product: Targeted operating income $ 50,000 Selling price per unit 6.00 Variable cost per unit 1.50 Total fixed costs 125,000 What is the contribution margin ratio? A) 25% B) 75% C) 100% D) 125%

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