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Managerial Accounting The Pearson Company has a contribution margin ratio of 25%. Pearson's operating income...

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Accounting

Managerial Accounting

The Pearson Company has a contribution margin ratio of 25%. Pearson's operating income was $100,000 when sales totaled $1,000,000. What were Pearson's fixed expenses?

A.)250,000 B.)225,000 C.)150,000 D350,000

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