What will be sales in dollars for desired profit if fixed cost is $ 30,000, desired profit

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What will be sales in dollars for desired profit if fixed cost is $ 30,000, desired profit is $ 15,000 and the P/V ratio is 30%?

a. All options are incorrect

b. $ 150,000

c. $ 200,000

d. $ 100,000

Related Book For answer-question

Entrepreneurial Finance

ISBN: 978-1305968356

6th edition

Authors: J. Chris Leach, Ronald W. Melicher

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Posted Date: Nov 27, 2022 10:04 PM

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What will be sales in dollars for desired profit if fixed cost is $ 30,000, desired profit

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