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Using the example of someone considering investing in further fixed costs in their sole trader business to improve future profitability, explain the concept of contribution

Using the example of someone considering investing in further fixed costs in their sole trader business to improve future profitability, explain the concept of contribution analysis for a what-if situation. Your example should show, using the amended breakeven formula, how planned changes in fixed costs can improve decision-making in terms of planned profit.

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Contribution Margin Analysis for WhatIf Scenarios in a Sole Trader Business Lets say Johna sole trader who repairs bicyclesis considering investing in ... blur-text-image

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