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QUESTION 5 If the Smith's contribution margin equals $1,000,000 and its revenues are $1,500,000, then its contribution margin ratio is .6667 or 66.67% True False

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QUESTION 5 If the Smith's contribution margin equals $1,000,000 and its revenues are $1,500,000, then its contribution margin ratio is .6667 or 66.67% True False

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