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Question 3 For Crane Company, sales is $1000000, fixed expenses are $300000, and the contribution margin ratio is 36%. What is net income? $252000 O

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Question 3 For Crane Company, sales is $1000000, fixed expenses are $300000, and the contribution margin ratio is 36%. What is net income? $252000 O $360000 O $60000 O $108000 Click if you would like to Show Work for this question: Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor

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