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If a company has sales of $60,000, a gross margin of 40%, and fixed costs of $30,000, the earnings before interest and taxes are: A)
If a company has sales of $60,000, a gross margin of 40%, and fixed costs of $30,000, the earnings before interest and taxes are:
A) $24,000
B) $15,000
C) $0 (breakeven)
D) -$15,000
E) -$24,000
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The Complete Personal Finance Handbook
Authors: Teri B Clark
1st Edition
160138047X, 978-1601380470
