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Rodeo, Inc. has a contribution margin ratio of 50%. This month, profit was $25,500 and fixed costs were $28,500. How much was Laredo's sales revenue?

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Rodeo, Inc. has a contribution margin ratio of 50%. This month, profit was $25,500 and fixed costs were $28,500. How much was Laredo's sales revenue? Multiple Choice $27,000 $54,000 $108.000 $66,861

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