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Kelsay Corporation Has Provided the Following Contribution Format Income Statement

Question 180

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 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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