Question
Lake Sales had $1,800,000 in sales last month. The contribution margin ratio was 40% and operating profits were $155,000. What sales volume does Lake's need
Lake Sales had $1,800,000 in sales last month. The contribution margin ratio was 40% and operating profits were $155,000. What sales volume does Lake's need to yield a $282,500 operating profit?
a. $2,082,500
b. $2,118,750
c. $387,500
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Report On Trade Conditions In China
Authors: Harry R. Burrill, Raymond F. Crist
1st Edition
1138617806, 9781138617803
