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    Exam 4: Preparing and Using Financial Statements
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    Find the "Contribution Profit Margin" Based on the Following Information
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Find the "Contribution Profit Margin" Based on the Following Information

Question 3

Question 3

Multiple Choice

Find the "contribution profit margin" based on the following information: cash fixed costs = $60,000; variable costs = $70,000; and sales = $100,000.


A) 70%
B) 60%
C) 30%
D) 40%
E) 100%

Correct Answer:

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