Eastern Rugs has annual sales of $2,000,000, variable expenses of 60% of sales, and fixed expenses of $80,000 monthly. Required: How much will sales have
Eastern Rugs has annual sales of $2,000,000, variable expenses of 60% of sales, and fixed expenses of $80,000 monthly.
Required: How much will sales have to increase so that Eastern Rugs will have before-tax profit of 20% of sales?
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Authors: Karen Welch
1st Edition
0873896548, 978-0873896542
