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Which of the following statements is true with regard to the contribution margin ratio? The contribution margin ratio shows how the contribution margin will be
Which of the following statements is true with regard to the contribution margin ratio?
The contribution margin ratio shows how the contribution margin will be affected by a change in total sales.
The contribution margin ratio is calculated by dividing sales by contribution margin.
The contribution margin ratio is calculated by dividing sales minus cost of goods sold by sales.
The products with the lowest contribution margin should be emphasized.
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