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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 Tevenue?

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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 Tevenue? Multiple Choice $66,960 O $27.000 $54,000 $108.000

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