The following CVP income statements are available for Blanc Company and Noir Company. Blanc Company Noir Company Sales $534,000 $534,000 Variable costs 304,380 208,260 Contribution margin 229,620 325,740 Fixed costs 175,000 271,120 Net income $54,620 $54,620 Calculate Contribution margin ratio. (Round answers to 2 decimal places, e.g. 0.32.) Contribution Margin Ratio Blanc Company Noir Company 0.43 0.61