Question 5 Dejounte Corp had a margin of safety of $133086 last month, with sales revenue of $866422 and fixed costs of $262670. What is the contribution margin ratio? Percentage Round your answer 2 decimals. For example, if your answer is .1012, answer 10.12

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Question 5
Dejounte Corp had a margin of safety of $133086 last month, with sales revenue of $866422 and fixed costs of $262670.
What is the contribution margin ratio?
Percentage
Round your answer 2 decimals. For example, if your answer is .1012, answer 10.12
Transcribed Image Text:Question 5 Dejounte Corp had a margin of safety of $133086 last month, with sales revenue of $866422 and fixed costs of $262670. What is the contribution margin ratio? Percentage Round your answer 2 decimals. For example, if your answer is .1012, answer 10.12
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