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Laredo, Inc. has a contribution margin ratio of 60%. This month, sales revenue was $234,000, and profit was $45,000. If sales revenue increases by $37,000,

Laredo, Inc. has a contribution margin ratio of 60%. This month, sales revenue was $234,000, and profit was $45,000. If sales revenue increases by $37,000, by how much will profit increase? Multiple Choice S17700 52700 $22, 200 $6000

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