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Mathematical Assignment: Profits and Contribution Margin Instructions In this mathematical assignment, we will explore financial analysis based on the balance sheet figures provided. Our main
Mathematical Assignment: Profits and Contribution Margin Instructions In this mathematical assignment, we will explore financial analysis based on the balance sheet figures provided. Our main objectives are to calculate the Gross Profit, Net Profit, and Net Profit Percentage using the given data. Download your template here.Download here. Based on the balance sheet figure below: (30 Points) Find Gross Profit Find Net Profit Find Net Profit Percentage What are the contribution margin and the contribution margin ratio for the company if $65,000 of the overhead is considered variable overhead? (20 Points) Find Contribution Margin. Find CM Ratio
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