Question: A 4 5 % contribution margin ratio means that: A . 5 5 % of the company's revenue is consumed by fixed and variable costs.
A contribution margin ratio means that:
A of the company's revenue is consumed by fixed and variable costs.
B The company should contribute of its operating income to qualified charities for maximum tax benefits.
C The company's revenue has increased by during the current accounting period.
D of the company's revenue is available to cover fixed costs and to contribute toward operating income.
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