If a product has variable costs of ($50) per unit, fixed costs of ($100,000), and revenue of
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If a product has variable costs of \($50\) per unit, fixed costs of \($100,000\), and revenue of \($65\) per unit, would it be possible for this firm to achieve a 22 percent rate of return on an investment of \($2.5\) million at a sales level of 2,000 units?
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Entrepreneurial Financial Management An Applied Approach
ISBN: 9781000650488
5th Edition
Authors: Jeffrey R Cornwall, David O Vang, Jean M Hartman
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