ABC Corp. invests in a project with the following annual information: Fixed costs of $3,190, a depreciation

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ABC Corp. invests in a project with the following annual information:

Fixed costs of $3,190, a depreciation of $1,010 and sales revenue of $24,700. Variable costs are 53.00% of sales revenue.

If sales revenue increase by 8.50%, by what percentage will pre-tax profits increase?

Related Book For answer-question

Horngrens Financial and Managerial Accounting

ISBN: 978-0133866292

5th edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

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Posted Date: Sep 03, 2023 05:34 AM

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ABC Corp. invests in a project with the following annual information: Fixed costs of $3,190, a depreciation

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To calculate the percentage increase in pretax profits when sales revenue increases by 850 you can f... View the full answer

Horngrens Financial and Managerial Accounting

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