Question 33 Not yet graded/4 pts Black Pearl, Inc., sells a single product. The company's...
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Accounting
Question 33 Not yet graded/4 pts Black Pearl, Inc., sells a single product. The company's most recent income statement is given below. Sales $100,000 Less variable expenses (60.000) Contribution margin 40,000 Less fixed expenses (10,000) Net income $30.000 a. Contribution margin ratio is? b. Breakeven point in total sales dollars is? c. To achieve $50,000 in net income, sales must total? d. If sales increase by $100,000, net income will increase by
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