Question
A company has total fixed costs of $240,000 and a contribution margin ratio of 20%. The total sales necessary to break even are ____________ (Round
A company has total fixed costs of $240,000 and a contribution margin ratio of 20%. The total sales necessary to break even are ____________
(Round your answer to a whole number if needed. Just put the number in the blank. No $ sign.)
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 10th Edition
1337902578, 978-1337902571
