Winnipeg Golf Club Ltd.collects 25% of its monthly sales immediately and the rest of sales are collected later.Its production costs are 55% of sales.It holds 1 month of inventory, and it pays 60% of its bills immediately and the rest after 30 days.What is this firm's break-even sales growth rate?
A) 82.54%
B) 71.43%
C) 67.23%
D) 57.32%
Correct Answer:
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