A bike manufacturing company has fixed costs of $220,000. The variable costs are 75% of sales. a.
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A bike manufacturing company has fixed costs of $220,000. The variable costs are 75% of sales.
a. What is the company's break-even revenue?
b. What revenue must be generated to earn a net income of $80,000? C. What is the net income if the revenue is $950,000?
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Related Book For 
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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