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    Managerial Accounting Study Set 5
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    Exam 5: Cost-Volume-Profit Relationships
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    Kelsay Corporation Has Provided the Following Contribution Format Income Statement
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Kelsay Corporation Has Provided the Following Contribution Format Income Statement

Question 195

Question 195

Multiple Choice

Kelsay Corporation has provided the following contribution format income statement. All questions concern situations that are within the relevant range.
Kelsay Corporation has provided the following contribution format income statement. All questions concern situations that are within the relevant range.    -The contribution margin ratio is closest to: A)  75% B)  67% C)  25% D)  33%
-The contribution margin ratio is closest to:


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

Correct Answer:

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