Question
A product has a selling price of $20, a contribution margin ratio of 40% and fixed cost of $120,000. To make a profit of $30,000.
A product has a selling price of $20, a contribution margin ratio of 40% and fixed cost of $120,000. To make a profit of $30,000. The number of units that must be sold is:
Type the number without $ and a comma.
Eg: 20000
Answer:
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Global Strategy
Authors: Mike W. Peng
5th Edition
0357512367, 978-0357512364
