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The records of Gemini Company show a contribution margin ratio of 40%. The company desires to earn a profit of $45,000 and has fixed costs

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The records of Gemini Company show a contribution margin ratio of 40%. The company desires to earn a profit of $45,000 and has fixed costs of $90,000. Whot sales revenue would have to be generated in order to earn the desired profit? Multiple Choice es $225,000 5337,500 $140,000 $112.500

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