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Jackson plc expects a new venture to yield a gross profit of 50% on sales. Fixed salary costs are expected to be 23,520 per month
Jackson plc expects a new venture to yield a gross profit of 50% on sales.
Fixed salary costs are expected to be 23,520 per month and other expenses are expected to be 8% of sales.
Calculate the sales revenue necessary to yield a monthly profit of 58,800.
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