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Kelsay Corporation Has Provided the Following Contribution Format Income Statement

Question 328

Multiple Choice

Kelsay Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Kelsay Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. The variable expense ratio is closest to: A) 33% B) 67% C) 25% D) 75% The variable expense ratio is closest to:


A) 33%
B) 67%
C) 25%
D) 75%

Correct Answer:

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