By what percentage will pre-tax profits increase, Financial Accounting

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By what percentage will pre-tax profits increase

Problem

ABC Corp. invests in a project with the following annual information: Fixed costs of $3,930, a depreciation of $1,690 and sales revenue of $24,300. Variable costs are 52.10% of sales revenue. If sales revenue increase by 5.70%, by what percentage will pre-tax profits increase?

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Financial Accounting: By what percentage will pre-tax profits increase

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