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The Cutting Edge sells ice skates. Total sales are $ 8 4 5 , 0 0 0 , total variable expenses are $ 2 4

The Cutting Edge sells ice skates. Total sales are $845,000, total variable expenses are $245,050 and total fixed expenses are $302,000. The variable expense ratio is Blank______.
Multiple choice question.
35%
71%
100%
29%

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