Question: Calculate the contribution margin ratio for Peak Inc. from the information given below: $100,000 $40,000 Sales Contribution margin Fixed costs Operating profit $25,000 $15,000 O
Calculate the contribution margin ratio for Peak Inc. from the information given below: $100,000 $40,000 Sales Contribution margin Fixed costs Operating profit $25,000 $15,000 O a. 25% O b. 10% O c. 15% O d. 40%
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