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If sales are $798,000, variable costs are 72% of sales, and operating income is $258,000, what is the contribution margin ratio? a. 72% b. 68% c. 28% d. 32%

If sales are $798,000, variable costs are 72% of sales, and operating income is $258,000, what is the contribution margin ratio? a. 72% b. 68% c. 28% d. 32%
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If sales are $798,000, variable costs are 72% of sales, and operating income is $258,000, what is the contribution margin ratio?

a. 72%
b. 68%
c. 28%
d. 32%

asked
User Rap
by
8.0k points

1 Answer

3 votes
D Is the Anwser hopefully that helps
answered
User Malcoauri
by
8.1k points
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