Question
Suppose a small business has sales of $12,000 this month, with future sales expected to grow by $1,500 each month. Costs consist of a
Suppose a small business has sales of $12,000 this month, with future sales expected to grow by $1,500 each month. Costs consist of a fixed component, which is $6,000 per month, and a variable component, which is 30 percent of sales. Design a spreadsheet to compute the gross profit (revenue less fixed and variable costs) per month over a nine month period. What is the gross profit in a single month 5 months from now?
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Financial statements
Authors: Stephen Barrad
5th Edition
978-007802531, 9780324186383, 032418638X
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