Question: If sales are $ 5 0 0 , 0 0 0 , variable costs are $ 2 0 0 , 0 0 0 , and

If sales are $500,000, variable costs are $200,000, and fixed costs are $240,000, what is the contribution margin ratio?
40%
48%
52%
60%
If sales are $500,000, variable costs are $200,000, and fixed costs

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