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ABC Corp. invests in a project with the following annual information: Fixed costs of $3,930, a depreciation of $1,690 and sales revenue of $24,300. Variable
ABC Corp. invests in a project with the following annual information: Fixed costs of $3,930, a depreciation of $1,690 and sales revenue of $24,300. Variable costs are 52.10% of sales revenue. If sales revenue increase by 5.70%, by what percentage will pre-tax profits increase?
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Variable costs will be 5210 Sales revenue 5210 24300 126603 ...
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Corporate Financial Management
Authors: Glen Arnold
5th edition
978-1292178066, 129217806X, 273758837, 978-0273758839
