Spruce-Up Company provides cleaning services to commercial and residential customers.The commercial business segment provided services to 250 customers and the residential business segment provided services to 625 customers.
Identify the segment with the lower contribution margin ratio and show the amount of its contribution margin ratio.(Round your answer to two decimals. )
A) Residential,51.30%
B) Commercial,40.00%
C) Residential,48.70%
D) Commercial,10.47%
Correct Answer:
Verified
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