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mars03 mars03
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4 months ago
Montreal Skaters Corp. collects 35% of its monthly sales immediately and the rest a month later. Its production costs are 65% of sales. It holds 1 month of sales in inventory, and it pays half its bills immediately and half after 30 days. What is this firm's break-even sales growth rate?

▸ 46.8%

▸ 200.0%

▸ 104.0%

▸ 56.0%
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
Author:
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angelord2510angelord2510
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#1
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4 months ago
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