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XYZ Co. has a contribution margin of $450,000 and profit of $150,000. If sales increase 30%, by how much will profits increase? a. 30% b.

XYZ Co. has a contribution margin of $450,000 and profit of $150,000. If sales increase 30%, by how much will profits increase? a. 30% b. 90% c. None of the given answer is correct. d. 60% e. 15%

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