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Koby CoHas Sales of $200,000 with Variable Expenses of $150,000,fixed Expenses

question 15

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Koby Co.has sales of $200,000 with variable expenses of $150,000,fixed expenses of $60,000,and a net loss of $10,000.How much would Koby have to sell in order to achieve a net income of 10% of sales?

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Definitions:

Project Leads

Individuals who are responsible for planning, executing, and closing projects, ensuring that projects meet their objectives and are completed on time and within budget.

Promotion

A marketing strategy involving the publicization of a product, organization, or service to increase sales or public awareness.

Ethical Development

The process of developing and enhancing an individual’s or organization's ethical standards and practices.

Preconventional

A stage of moral development where an individual's sense of morality is externally controlled, with behavior driven by anticipation of pleasure or punishment.

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