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If the contribution margin ratio of a firm is 20% and the monthly fixed cost is GHS 48000, what is the firm operating profit if
If the contribution margin ratio of a firm is 20% and the monthly fixed cost is GHS 48000, what is the firm operating profit if sales for the month is estimated at GHS 340,000.
A companys selling price and variable expenses are GHS 200 and GHS 140 respectively. If the company wishes to earn GHS 120,000 in net operating income during the coming month, determine the sales value in Ghana Cedis needed to achieve the targeted profit. Assume a fixed expense of GHS 120,000
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