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Mardist Corporation Has Sales of $100,000, Variable Expenses of $75,000

question 159

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Mardist Corporation has sales of $100,000, variable expenses of $75,000, fixed expenses of $30,000, and a net loss of $5,000. How much would Mardist have to sell to achieve a profit of 10% of sales?


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Hypothesis

An assertion about what is true in a particular situation; often, a statement asserting that two or more variables are related to one another.

Procedures

A set of established methods or steps taken to perform a particular task or to achieve a specific goal.

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