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If sales are $ 2 5 0 , 0 0 0 , variable costs are $ 1 2 5 , 0 0 0 , and

If sales are $250,000, variable costs are $125,000, and fixed costs are $100,000, calculate the contribution margin ratio.
Select one:
a.40%
b.50%
c.60%
d.70%

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