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Wildhorse Cash, Ltd. operates a chain of exclusive ski hat boutiques in the western United States. The stores purchase several hat styles from a single
Wildhorse Cash, Ltd. operates a chain of exclusive ski hat boutiques in the western United States. The stores purchase several hat styles from a single distributor at $14 each. All other costs incurred by the company are fixed. Wildhorse Cash, Ltd. sells the hats for $35 each. What is Wildhorse Cash's contribution margin ratio? Its variable cost ratio? Contribution margin ratio % Variable cost ratio
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