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If a company has a contribution margin ratio of 40% and hopes to increase sales revenue by $100,000, what would be the increase to net
If a company has a contribution margin ratio of 40% and hopes to increase sales revenue by $100,000, what would be the increase to net income? (hint: sensitivity analysis)
$60,000 increase | ||
$40,000 increase | ||
$20,000 increase | ||
$100,000 increase |
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