Kelsay Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. 
The contribution margin ratio is closest to:
Definitions:
Social Learning Theorists
Researchers who emphasize the role of observation, imitation, and modeling in acquiring new behaviors.
Generalization
The process of applying information or conclusions from specific instances to broader contexts or situations.
Discrimination
In psychology, the ability to perceive and respond differently to various stimuli.
Classical Conditioning
A process of learning in which, with the consistent coupling of two stimuli, a response that originally required the second stimulus for elicitation is later elicited by the first stimulus solely.
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