Question: Question 16 Given the following information, what is the contribution margin ratio? Sales Variable expenses Fixed Expenses Net Income $900,000 400,000 300,000 200,000 56% 44%

Question 16 Given the following information, what is the contribution margin ratio? Sales Variable expenses Fixed Expenses Net Income $900,000 400,000 300,000 200,000 56% 44% O 22% 33%
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