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Company XYZ made total sales of $250,000 during the month of December.The company also incurred total expenses of $170,000. Of that amount 60% was fixed expenses . Compay XYZ expect sales to increase by 11% next month .What is the expected operating profit, in ($) value , next month ? a) 100,020 b) 88,800 c) none of the given answers d) 80,000 e) 182,000

Company XYZ made total sales of $250,000 during the month of December.The company also incurred total expenses of $170,000. Of that amount 60% was fixed expenses . Compay XYZ expect sales to increase by 11% next month .What is the expected operating profit, in ($) value , next month ? a) 100,020 b) 88,800 c) none of the given answers d) 80,000 e) 182,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Company XYZ made total sales of $250,000 during the month of December.The company also incurred total expenses of $170,000. Of that amount 60% was fixed expenses . Compay XYZ expect sales to increase by 11% next month .What is the expected operating profit, in ($) value , next month ?


a) 100,020
b) 88,800
c) none of the given answers
d) 80,000
e) 182,000

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