Fourth Street Lighting shows a net income of $224 000 for the previous year. If the contribution

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Fourth Street Lighting shows a net income of $224 000 for the previous year. If the contribution rate for the store was 40.3%, and the fixed cost was $315 000, what were last year’s sales?

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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Question Posted: Feb 26, 2016 03:31 AM

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Fourth Street Lighting shows a net income of $224 000 for the previous year. If the contribution

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NI 224 000 CR 0403 FC 315 000 NI S TC S FC TVC 224 000 S 315 ...View the full answer

Contemporary Business Mathematics with Canadian Applications

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