Question
1. Assume that a firm currently has sales or revenues of $100,000, variable costs of $60,000, fixed costs of $30,000. Calculate the following: Contribution margin
1. Assume that a firm currently has sales or revenues of $100,000, variable costs of $60,000, fixed costs of $30,000. Calculate the following: Contribution margin Contribution margin ratio Net profit Net profit ratio as percent of total sales
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Financial Management
Authors: Geoffrey Knott
4th Edition
1403903824, 9781403903822
