Ritz furniture has a contribution margin ratio

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Ritz Furniture has a contribution margin ratio of 0.17. If fixed costs are $171,500 how many dollars of revenue must the company generate in order to reach the break-even point?

Reference no: EM13762781

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Ritz furniture has a contribution margin ratio : Ritz Furniture has a contribution margin ratio of 0.17. If fixed costs are $171,500 how many dollars of revenue must the company generate in order to reach the break-even point?

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