ACCT.PRINCIPLES (LL)-PACKAGE
14th Edition
ISBN: 9781119707103
Author: Weygandt
Publisher: WILEY
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I need help with this financial accounting problem using proper accounting guidelines.
Calculate the return on assets, profit margin, assets turnover ratio?
PrimeGear has fixed costs of 2,880,000 and variable costs per unit of 185 during a trading year. It is sold to wholesalers at 250 per unit. Calculate: (i) the number of units that must be sold in order to break even. (ii) the level of output required to provide a profit of 520,000.
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