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If the contribution margin ratio for France Company is 32%, sales were $495,000, and fixed costs were $96,000, what was the income from operations? a.$96,000

If the contribution margin ratio for France Company is 32%, sales were $495,000, and fixed costs were $96,000, what was the income from operations?

a.$96,000

b.$49,920

c.$62,400

d.$158,400

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