The information regarding the activities of Lion Inc. and the commercial goods it trades is as follows:

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Unit Sales Price: $100

Unit Buying Price: $ 34

Unit Sales Premium: $ 6

Annual Rent Cost: $150.000

Annual Salaries: $350.000

Annual Advertisement Cost: $100.000

Calculate how many units the business needs to sell in order to earn 20% operating income on sales revenue

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Dec 21, 2022 01:45 AM

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The information regarding the activities of Lion Inc. and the commercial goods it trades is as follows:

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Let the desired units to be sold be x un... View the full answer

Income Tax Fundamentals 2013

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