Question: explain it please 5) A company has variable costs that are 4/7 the value of their sales revenues. Total net income for the most recent

explain it please

explain it please 5) A company has variable costs that are 4/7

5) A company has variable costs that are 4/7 the value of their sales revenues. Total net income for the most recent period was a profit of $53 770 and sales were $420 000. The company has started a new marketing campaign that they hope will increase sales, but it will require additional advertising of $6 400. How many sales dollars does the company have to generate in order to remain at the same level of profitability as before the new ad campaign

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!