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Question 25 Tucker Inc. has provided the following data concerning its operations last month: Sales $400,000 Variable expenses 250,000 Fixed expenses 100,000 Tucker Inc. is
Question 25
Tucker Inc. has provided the following data concerning its operations last month:
Sales | $400,000 |
Variable expenses | 250,000 |
Fixed expenses | 100,000 |
Tucker Inc. is a retailing organization. The contribution margin ratio is:
25.0%. | ||
12.5%. | ||
33.0%. | ||
37.5%. |
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