Saturday, July 9, 2011

Mardist Corporation has sales of $100,000, variable expenses of $75,000, fixed expenses of $30,000, and a net loss of $5,000

ECONOMICS

Multiple Choice

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?

A. $225,500

B. $180,000

C.$200,00

D. $187,500

Click here for the SOLUTION

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