LazerGo has fixed costs of $250,000 per annum and sales revenue of $1,300,000. The variable costs are

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LazerGo has fixed costs of $250,000 per annum and sales revenue of $1,300,000. The variable costs are of 65% of sales.

a. What is the profit or loss?

b. What is the amount of change in the net income if the company decreases the selling price by 5%?

c. What is the amount of change in the net income, 

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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