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Ripa Company has the following data: Sales $360,000 revenue Variable $240.000 costs Contribution $120,000 margin Fixed costs $100.000 Operating $ 20,000 income What will the

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Ripa Company has the following data: Sales $360,000 revenue Variable $240.000 costs Contribution $120,000 margin Fixed costs $100.000 Operating $ 20,000 income What will the contribution margin ratio be at Ripa Company if sales volume increases by 15%? O 16.67% 33.33% 41.67% O 30.00% None of the above

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