Question
1. Assume that sales increase by 7% in 2017, decrease by 15% in 2018 and decrease another 7% in 2018 also assume that variable costs
1. Assume that sales increase by 7% in 2017, decrease by 15% in 2018 and decrease another 7% in 2018 also assume that variable costs increase by 10% in 2017, 8% in 2018 and decrease by 9% in 2018 what happens to profits ?
2. What are you average variable costs, fixed cost and average total cost under these scenarios
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Financial Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel
3rd Canadian Edition
0470836792, 978-0470836798
