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A small on-line business sells a variety of household items. Coincidentally, each item costs exactly 17.5% of the sales price and their only fixed cost
A small on-line business sells a variety of household items. Coincidentally, each item costs exactly 17.5% of the sales price and their only fixed cost is their monthly rent of $7,777 which includes electricity and hi-speed internet access. What dollar volume of sales must they attain each month to break-even or make a very small profit? Answer to the nearest whole dollar
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