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The operating revenue for CPN, Inc., for a recent year is $1,124,100. Assume that the variable cost as a percent of sales is 35% and

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The operating revenue for CPN, Inc., for a recent year is $1,124,100. Assume that the variable cost as a percent of sales is 35% and these costs totaled $393,435. What is the Contribution Margin Ratio for CPN, Inc.? 65% 55% 75% 45%

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