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HORNGREN'S ACCOUNTING - Eleventh Edition Requirements 1. Use the contribution margin ratio approach to find a franchise's breakeven sales in dollars. 2. Lo believes most

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HORNGREN'S ACCOUNTING - Eleventh Edition Requirements 1. Use the contribution margin ratio approach to find a franchise's breakeven sales in dollars. 2. Lo believes most locations could generate $34,500 in monthly sales. ls franchising a good idea for Lo if franchisees want a minimum monthly operating income of $13,500? Solution

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