Question
What will be sales in dollars for desired profit if fixed cost is $ 30,000, desired profit is $ 15,000 and the P/V ratio is
What will be sales in dollars for desired profit if fixed cost is $ 30,000, desired profit is $ 15,000 and the P/V ratio is 30%?
a. All options are incorrect
b. $ 150,000
c. $ 200,000
d. $ 100,000
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
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