Question
A company has total fixed costs of $252000 and a contribution margin ratio of 25%. What is the total sales necessary to break even?
A company has total fixed costs of $252000 and a contribution margin ratio of 25%.
What is the total sales necessary to break even?
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Basic Finance An Introduction to Financial Institutions Investments and Management
Authors: Herbert B. Mayo
10th edition
1111820635, 978-1111820633
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