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?
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Practical Financial Management
Authors: William R. Lasher
6th Edition
1439080496, 978-1439080498
