Chapter 9, Problem 2Q

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Financial Accounting: Shiva Corporation's break-even point in sales is $840,000, and its variable expenses are 65% of sales. If the company lost $33,000 last year, sales must have amounted to: a) $746,000 b) $860,000 c) $800,000 d) $620,000

Please solve this question general accounting

Sub: accounting

A company has sales of $150 million, cost of goods sold of $100 million, and a before-tax profit of 8%. If purchasing was able to reduce the cost of goods sold by $5 million, how much additional sales would be required to achieve the same impact on profit?

Answer? ? Financial accounting question

The gross margin for July?

General Account

General Account