FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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A firm sells a single product for $8. Its variable cost per unit is $5 and fixed costs are $90. Ignoring income taxes, the number of units that it needs to sell for a 12.5% net profit margin is
Select one:
a. 30 units.
b. 240 units.
c. 45 units.
d. 360 units.
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