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biokam biokam
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4 months ago
Montreal Skaters Corp. (MSC) collects 10% of its monthly sales immediately and the rest a month later. Its production costs are 70% of sales and it holds 1 month of sales in inventory. MSC pays half its bills immediately and half after 30 days. What is this firm's break-even sales growth rate?

▸ 71.43%

▸ 31.58%

▸ 10.00%

▸ 78.65%
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
Author:
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onidonid
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#1
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4 months ago
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biokam Author
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4 months ago
this is exactly what I needed
Transonic
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Yesterday
Good timing, thanks!
MAry1395
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2 hours ago
Brilliant ツ
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