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Draw a CVP graph to show breakeven point In units and in sales revenues (in dollars) and explain your CVP graph. From the Income statement
Draw a CVP graph to show breakeven point In units and in sales revenues (in dollars) and explain your CVP graph. From the Income statement in 2016, by what percentage could its sales fall before operating at loss? From income statement, compute the degree of operating leverage for Temp Range company and interpret your result. 125,000/01.800 = 2.99 Assume all factors of price and expenses remain unchanged, if the company expects a 25% increase in sales volume in 2017, what would be the expected net income in 2017? Assume all factors of price and expenses remain unchanged, how much sales (in dollars) would the company have to generate in order to earn a target net income of $68 000 in 2017? Due to economic crisis, company needs to reduce the setting price by 5% and try to decrease variable and fixed expenses by 10% in 2017. Management also expects a 25% increase in sales volume in 2017. Forecast the net income for year ended August 31, 2017. Suppose management plans to sell two types of products in 2017. None of current, products costs have changed except the fixed expenses. How many units should be sold for each product at breakeven
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