Question
A company wants to have $7 million in sales with $2 million in profit. It will have fixed costs of $3 million. Each unit of
A company wants to have $7 million in sales with $2 million in profit. It will have fixed costs of $3 million. Each unit of its product sells for $25. How much contribution per unit must the company have to meet its goals?
Question 13 options:
$1.60
$8
$0.79
$17.86
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Practical Financial Management
Authors: William R. Lasher
8th edition
1305637542, 978-1305887237, 1305887239, 978-1305637542
