The records of Ronald Co. show a contribution margin ratio of 40%. The company desires to earn

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The records of Ronald Co. show a contribution margin ratio of 40%. The company desires to earn a profit of $35,000 and has fixed costs of $70,000. What sales revenue would have to be generated in order to earn the desired profit? a. $87,500 b. $262,500 c. $175,000 d. $42,000

Posted Date: May 18, 2024 01:11 PM

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The records of Ronald Co. show a contribution margin ratio of 40%. The company desires to earn

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