15. If the total contribution margin increases and fixed costs do not change, then net income can be expected to a. decrease by an equal amount. b. increase by an amount equal to the increase in...

15. If the total contribution margin increases and fixed costs do not change, then<br>net income can be expected to<br>a. decrease by an equal amount.<br>b. increase by an amount equal to the increase in contribution margin times<br>the CM ratio.<br>c. increase by an equal amount.<br>d. none of these.<br>

Extracted text: 15. If the total contribution margin increases and fixed costs do not change, then net income can be expected to a. decrease by an equal amount. b. increase by an amount equal to the increase in contribution margin times the CM ratio. c. increase by an equal amount. d. none of these.

Jun 11, 2022

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15. If the total contribution margin increases and fixed costs do not change, then net income can be expected to a. decrease by an equal amount. b. increase by an amount equal to the increase in...

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