Question
Assuming that ABC Company estimates its total costs up to $100,000.00, its income tax rate is 30% for the coming year, and estimated contribution margin
Assuming that ABC Company estimates its total costs up to $100,000.00, its income tax rate is 30% for the coming year, and estimated contribution margin is 25% find the total sales required to break even point
a.$100,000.00 / 30%
b.$100,000.00 / 130%
c.$100,000.00/25%
d.$100,000.00 X125%
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
