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Business, 01.11.2019 01:31 Artemis3821

Nolan dry cleaners has determined the following about its costs: total variable expenses are $40,000, total fixed expenses are $30,000, and the sales revenue needed to break even is $40,000. determine the company's current 1) sales revenue and 2) operating income. (hint: first, find the contribution margin ratio; then prepare the contribution margin income statement.)

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Nolan dry cleaners has determined the following about its costs: total variable expenses are $40,00...
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