Question
10) S hams Company has total variable costs of 80% of total revenues and fixed costs of $20 million per year. What is the break-even
10) Shams Company has total variable costs of 80% of total revenues and fixed costs of $20 million per year.
What is the break-even point expressed in total revenue dollars?
Answer: $100 million
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Financial Accounting And Reporting
Authors: Barry Elliott, Jamie Elliott
19th Edition
1292255994, 9781292255996
