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Question 11 (2 points) Paxton Corp has provided the following data concerning its operations last month Sales S400.000 Variable expenses $250.000 Fixed expenses $100,000 Paxton

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Question 11 (2 points) Paxton Corp has provided the following data concerning its operations last month Sales S400.000 Variable expenses $250.000 Fixed expenses $100,000 Paxton Corp is a retailing organization What is the contribution margin ratio? (2 marks) 37.5% 12.5% 25.0% 33.0%

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