How much will net income increase
Rosebud's income statement is as follows:
Sales (20,000 units) $100,000Less variable costs - 60,000Contribution margin $40,000Less fixed costs - 24,000Net income $12,000
If sales increase by $15,000, by how much will net income increase?
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Rosebud's income statement is as follows: If sales increase by $15,000, by how much will net income increase?
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