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Assume Current Sales Are 10,000 Units, Selling Price Is $2

Question 66

Short Answer

Assume current sales are 10,000 units, selling price is $2.50 and margin of safety is 20%. If sales increase by 5%, what is the percent change in profits before taxes? a. 40%
B) 25%
C) 250%
D) 12.5%
E) 50%

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