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i did this, sorry post by mistake Q 13.11: Liberty Bicycles sells bikes for $340 each. The firm has variable costs per unit of $160.
i did this, sorry post by mistake
Q 13.11: Liberty Bicycles sells bikes for $340 each. The firm has variable costs per unit of $160. Given these figures, what is Liberty's contribution margin ratio? 36.096 B 47.196 C 52.996 D 88.9% Step by Step Solution
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Financial Accounting
Authors: Libby, Short
6th Edition
978-0071284714, 9780077300333, 71284710, 77300335, 978-0073526881
