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Mindy Corporation has reported sales of $640,000 last year, a contribution margin of $160,000, and a net loss of $40,000. Based on this information, what
Mindy Corporation has reported sales of $640,000 last year, a contribution margin of $160,000, and a net loss of $40,000. Based on this information, what is the break-even point in dollar sales?
a-$480,000
b-$640,000
c-$800,000
d-$960,000
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Accounting Information Systems
Authors: James A. Hall
5th Edition
0324312954, 9780324312959
