ABC Corp. invests in a project with the following annual information: Fixed costs of $3,930, a depreciation of $1,690 and sales revenue of $24,300. Variable costs are 52.10% of sales revenue. If sales revenue increase by 5.70%, by what percentage will pre-tax profits increase?

Answer rating: 100% (QA)

Variable costs will be 5210 Sales revenue 5210 24300 126603 ... View the full answer