Sabv Corporation's break-even-point in sales is $920,000, and its variable expenses are 70% of sales. If the company lost $42,000 last year, sales must have amounted to: Multiple Choice $878,000 $836,000 $780,000 $602,000

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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Sabv Corporation's break-even-point in sales is $920,000, and its variable expenses are 70% of sales. If the company lost $42,000 last year, sales must have amounted to:
Multiple Choice
$878,000
$836.000
$780,000
$602.000
Transcribed Image Text:Sabv Corporation's break-even-point in sales is $920,000, and its variable expenses are 70% of sales. If the company lost $42,000 last year, sales must have amounted to: Multiple Choice $878,000 $836.000 $780,000 $602.000
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