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Sarah Smith, a sole proprietor, has the following projected figures for next year: Variable cost per unit $148.00 Contribution margin per unit $ 52.00 Total
Sarah Smith, a sole proprietor, has the following projected figures for next year:
| Variable cost per unit | $148.00 |
| Contribution margin per unit | $ 52.00 |
| Total fixed costs | $ 550,000 |
What is the contribution margin ratio?
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
9781119563099
