Brownstone Company’s contribution margin ratio is 30%. If Brownstone’s 1 answer below »

Brownstone Company’s contribution margin ratio is 30%. If Brownstone’s sales revenue is $100 greater than its break-even sales in dollars, its net income: (a) will be $100. (b) will be $70. (c) will be $30. (d) cannot be determined without knowing fixe costs.

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