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Please define Cost, Volume and Profit. Describe how they relate and drive each other and then one of the most famous equations in history: (I'm
Please define Cost, Volume and Profit. Describe how they relate and drive each other and then one of the most famous equations in history: (I'm biased, deal with it...)
Needed Level of Sales = Fixed Cost Dollars + Desired Profit Dollars
CM%
What does this mean, how does it work, what's CM% how do we figure it out?
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