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Portsmouth Corporation has a single product, the product selling price is $100 and its contribution margin ratio is 40%. The company's fixed expenses are $10,000.
Portsmouth Corporation has a single product, the product selling price is $100 and its contribution margin ratio is 40%. The company's fixed expenses are $10,000. What is the company's break-even point in sales dollars? O $2,500 O $25,000 O $250 O $16,667 Poitsmouth Corporation has a single product, the product seling price is $100 and its contribution margin ratio is 40%. The company's fived expenses are $10,000. What is the company's break-even point in sales dollars? $2.500$25.000$250$15,667
Portsmouth Corporation has a single product, the product selling price is $100 and its contribution margin ratio is 40%. The company's fixed expenses are $10,000. What is the company's break-even point in sales dollars? O $2,500 O $25,000 O $250 O $16,667
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