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Question 16 The following information is available for Swifty Corporation: $560000 $150000 Sales Cost of goods sold Total fixed expenses Total variable expenses 360000 320000

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Question 16 The following information is available for Swifty Corporation: $560000 $150000 Sales Cost of goods sold Total fixed expenses Total variable expenses 360000 320000 A CVP income statement would report O gross profit of $200000. O gross profit of $240000. O contribution margin of $410000. O contribution margin of $240000

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