Question
if a company had a contribution margin of 1,000,000$ and a contribution margin ratio of 20%.the total sales necessary to break even are a.1,500,000$ b.600,000$
if a company had a contribution margin of 1,000,000$ and a contribution margin ratio of 20%.the total sales necessary to break even are
a.1,500,000$
b.600,000$
c.2,500,000$
d.400,000$
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Financial Accounting
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
16th Edition
1337913103, 9781337913102
