Bengal accounting service is a rapidly growing


Bengal Accounting Service is a rapidly growing service.  On average, the revenue is $4,000,000 and variable cost is $2,400,000.  Fixed cost = $600,000.

WHAT IS THE CONTRIBUTION MARGIN RATIO?

1. 100%

2. 15%

3. 40%

4. NONE OF THE ABOVE

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Financial Accounting: Bengal accounting service is a rapidly growing
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