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Montreal Skaters Corp

Question 15

Multiple Choice

Montreal Skaters Corp.collects 10% of its monthly sales immediately and the rest a month later.Its production costs are 70% of sales.It holds 1 month of sales in inventory,and it pays half its bills immediately and half after 30 days.What is this firm's break-even sales growth rate?


A) 78.65%
B) 71.43%
C) 31.58%
D) 10.00%

Correct Answer:

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