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Koby CoHas Sales of $200,000 with Variable Expenses of $150,000,fixed Expenses

Question 15

Multiple Choice

Koby Co.has sales of $200,000 with variable expenses of $150,000,fixed expenses of $60,000,and a net loss of $10,000.How much would Koby have to sell in order to achieve a net income of 10% of sales?


A) $375,000.
B) $400,000.
C) $431,000.
D) $451,000.

Correct Answer:

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