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Mujeeb Sarwar
on Dec 16, 2024

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What is the company's contribution margin ratio?

A) 30%.
B) 250%.
C) 150%.
D) 70%.

Contribution Margin Ratio

The proportion of sales revenue that exceeds variable costs, indicating how much revenue contributes to fixed costs and profit.

  • Grasp the concept and calculation of contribution margin and contribution margin ratio.
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WM
William MasekDec 16, 2024
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