How many dollars of revenue must the company generate in


Ritz Furniture has a contribution margin ratio of 0.12. If fixed costs are $179, 700 how many dollars of revenue must the company generate in order to reach the break-even point?

Solution Preview :

Prepared by a verified Expert
Finance Basics: How many dollars of revenue must the company generate in
Reference No:- TGS02553557

Now Priced at $10 (50% Discount)

Recommended (95%)

Rated (4.7/5)