Asked by

Voree Wilson
on Oct 11, 2024

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The contribution margin ratio is closest to:

A) 75%
B) 67%
C) 25%
D) 33%

Contribution Margin Ratio

The percentage of each sales dollar that remains after deducting variable costs, calculated as contribution margin divided by sales.

  • Absorb the knowledge required to compute and appreciate the importance of the contribution margin and the contribution margin ratio.
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CH
Chris HakimOct 13, 2024
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