Question: Compute the contribution margin ratio for Hightop Inc. from the following information: Sales $ 1 0 0 , 2 0 0 Contribution margin 3 9

Compute the contribution margin ratio for Hightop Inc. from the following information:
Sales $100,200
Contribution margin 39,600
Fixed costs 25,200
Operating profit 15,800
Round your answer to whole number.
a.40%
b.15%
c.25%
d.10%

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