Question
In a company, sales salaries and commissions are SR 20,000 when 160,000 units are sold, and SR 28,000 when 240,000 units are sold. Using the
In a company, sales salaries and commissions are SR 20,000 when 160,000 units are sold, and SR 28,000 when 240,000 units are sold. Using the high-low method, what is the fixed portion of sales salaries and commissions?
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Corporate Finance Demystified
Authors: Troy Adair
1st Edition
0071459103, 9780071459105
