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25-05-2023
Business

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A company has a contribution margin ratio of 35%. They are contemplating an advertising campaign that will cost £25,000. If sales increase by £75,000, what will be the impact on the company's profit? (4 Marks) It will increase by £1,250 It will decrease by £1,250 It will increase by £17,500 It will decrease by £17,500 ABCD

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