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Business, 03.07.2019 01:30 tireekkimble5

Colton dry cleaners has determined the following about its costs: total variable expenses are $ 42 comma 000, total fixed expenses are $ 30 comma 000 comma and the sales revenue needed to break even is $ 50 comma 000. determine the company's current 1) sales revenue and 2) operating income. (hint: first, find the contribution margin ratio; then prepare the contribution margin income statement.) use the contribution margin income statement and the shortcut contribution margin approaches to determine anderson's current (1) sales revenue and (2) operating income. begin by computing the contribution margin ratio. (enter the result as a whole number.) the contribution margin ratio is %.

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Colton dry cleaners has determined the following about its costs: total variable expenses are $ 42...
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