[The following information applies to the questions displayed below.]
Chic Jewelers views each branch location as an investment center.The local branch reported the following results for the current year:
![[The following information applies to the questions displayed below.] Chic Jewelers views each branch location as an investment center.The local branch reported the following results for the current year: -The contribution margin ratio of the local branch is closest to: A) 59%. B) 41%. C) 49%. D) 52%.](https://d2lvgg3v3hfg70.cloudfront.net/TB1009/11eaae1a_a297_a000_b09f_819cf12adb13_TB1009_00_TB1009_00.jpg)
-The contribution margin ratio of the local branch is closest to:
A) 59%.
B) 41%.
C) 49%.
D) 52%.
Correct Answer:
Verified
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