Question
Winny's Office Furniture has a contribution margin ratio of 16%. If fixed costs are $191,300, how many dollars of revenue must the company generate in
Winny's Office Furniture has a contribution margin ratio of 16%. If fixed costs are $191,300, how many dollars of revenue must the company generate in order to reach the break-even point?
Round to two decimal places.
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Public Finance A Contemporary Application of Theory to Policy
Authors: David N Hyman
11th edition
9781305474253, 1285173953, 1305474252, 978-1285173955
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