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If a company's contribution margin ratio is 20%, variable expenses are 80% of sales. with a 20% increase in sales, net income will go up
If a company's contribution margin ratio is 20%,
variable expenses are 80% of sales. | ||
with a 20% increase in sales, net income will go up by 20%. | ||
total expenses are 80% of sales. | ||
contribution margin is 80% of sales. | ||
net income is 20% of sales. |
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