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Meyers Corp. has annual revenues of $450,000, an average contribution margin ratio of 35%, and fixed expenses of $175,000. If 15,000 units of the new product could be sold at a price of $16.00 per unit, and the company's other business did not change, calculate Meyers's total operating income and average contribution margin ratio.
The price variation in crude oil impacts the sentiments and hence the volatility in stock markets all over the world. The world equilibrium price of gasoline fluctuates prim
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