Nowitzki Corporation sells sets of encyclopedias. Nowitzki sold 4,000 sets last year at ₱25,000 a set. The variable cost per set was ₱17,500 and the fixed costs for Nowitzki were ₱10,000,000. If the Nowitzki’s sales increase by 20%, its net operating income should increase by about.. Show solution Group of answer choices 30.00% 13.33% 60.00% 06.67%
Nowitzki Corporation sells sets of encyclopedias. Nowitzki sold 4,000 sets last year at ₱25,000 a set. The variable cost per set was ₱17,500 and the fixed costs for Nowitzki were ₱10,000,000. If the Nowitzki’s sales increase by 20%, its net operating income should increase by about.. Show solution Group of answer choices 30.00% 13.33% 60.00% 06.67%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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5.
Nowitzki Corporation sells sets of encyclopedias. Nowitzki sold 4,000 sets last year at ₱25,000 a set. The variable cost per set was ₱17,500 and the fixed costs for Nowitzki were ₱10,000,000.
If the Nowitzki’s sales increase by 20%, its net operating income should increase by about.. Show solution
Group of answer choices
30.00%
13.33%
60.00%
06.67%
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