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The following amounts are taken from Parker Company's contribution margin income statement: Net operating income, $30,000; Fixed expenses, $90,000; Sales, $200,000; and CM ratio, 60%.
The following amounts are taken from Parker Company's contribution margin income statement: Net operating income, $30,000; Fixed expenses, $90,000; Sales, $200,000; and CM ratio, 60%. What is the company's total contribution margin? Multiple Choice O $120,000 $200,000 $110,000 $170,000
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