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Answer the Following Question(s)using the Information Below

question 102

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Answer the following question(s) using the information below.Stephanie's Bridal Shoppe sells wedding dresses.The average selling price of each dress is $1,000, variable costs are $400, and fixed costs are $90,000.
-What is the Bridal Shoppe's operating income when 200 dresses are sold?


Definitions:

Regulators

Authorities or agencies responsible for enforcing laws and regulations in specific sectors to ensure compliance and protect public interest.

Government Agencies

Organizations established by a government to perform specific functions or services according to legal mandates.

Laws

Regulations and rules established by governments or other authorities to govern behavior and actions in a society.

Competitive Advantage

A situation or factor that gives a business an advantageous or dominant position over its rivals in the industry.

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