Question
(a)A dealer made a net profit of 40% based in cost when he sold a dryer for RM1,350. If operating expenses incurred were 10% of
(a)A dealer made a net profit of 40% based in cost when he sold a dryer for RM1,350. If operating expenses incurred were 10% of the cost, find the:
i.cost of the dryer,
ii.breakeven price of the dryer
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
10th Edition
1119491630, 978-1119491637, 978-0470534793
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