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Home Q & A Board Science-Related Homework Help Mathematics
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gewusel gewusel
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6 years ago
A company has variable costs that are 3/8 the value of their sales revenues. Total net income for the most recent period was a profit of $123 400 and sales were $400 000. The company has started a new marketing campaign that they hope will increase sales, but it will require additional advertising of $11 200. How many sales dollars does the company have to generate in order to remain at the same level of profitability as before the new ad campaign?
A) $358 933.33
B) $215 360.00
C) $400 000.00
D) $417 920.00
E) $696 533.33
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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