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Bloomington corporation reported the following on their


Bloomington Corporation reported the following on their contribution format income statement:

Sales (12,000 unites) $175,000

Less:  Variable Expenses $100,000

Contribution Margin $75,000

Less:  Fixed Expenses $62,000

Net Operating Income $12,500

What is the contribution margin ratio?

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Finance Basics: Bloomington corporation reported the following on their
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