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Lake Sales had $1,900,000 in sales last month. The contribution margin ratio was 40% and operating profits were $160,000. What sales volume does Lake's need
Lake Sales had $1,900,000 in sales last month. The contribution margin ratio was 40% and operating profits were $160,000. What sales volume does Lake's need to yield a $300,000 operating profit?
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Sale volume 1900000 Contribution margin ratio 40 Operating profi...
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Construction accounting and financial management
Authors: Steven j. Peterson
2nd Edition
135017114, 978-0135017111
