Question
Fly-A-Kite makes and sells kites. The selling price is $50 per unit, the contribution margin ratio is 40%, and fixed costs are $10,000. How many
Fly-A-Kite makes and sells kites. The selling price is $50 per unit, the contribution margin ratio is 40%, and fixed costs are $10,000. How many kites must be sold to earn a target profit before tax = $5000?
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Optimization Methods In Finance
Authors: Gérard Cornuéjols, Javier Peña, Reha Tütüncü
2nd Edition
1107056748, 9781107056749
