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Altoa, Inc. currently sells 3,100 units a month for total monthly sales of $124,000. The company is considering replacing its current cash only credit policy with a net 30 policy. The variable cost per unit is $22 and the monthly interest rate is 1.2 percent. What is the switch break-even level of sales?
Outcome
The result or effect of an action, situation, or event.
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A strong desire to learn or know something, often leading to exploration and investigation.
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An attitude of doubt towards something, often involving questioning the validity or authenticity of certain claims without sufficient evidence.
Humility
The quality of having a modest or low view of one's importance, often allowing individuals to remain open and teachable.
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