Problem 19-5A The following CVP income statements are available for Blanc Company and Noir Company. Blanc Company Noir Company Sales Variable costs Contribution margin Fixed costs Net income $487,000 267,850 219,150 174,000 $45,150 $487,000 189,930 297,070 251,920 $45,150 Calculate Contribution margin ratio. (Round answers to 2 decimal places, e.g. 0.32.) Contribution Margin Ratio Blanc Company Noir Company