Solved: The owner wants to increase sales revenue by an amount, Financial Management

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The owner wants to increase sales revenue by an amount

Question

An operation operates with a variable cost percentage of 72%.

The owner wants to increase sales revenue by an amount necessary to provide for an additional operating income of $800 a month, or $9600 a year.

What is the additional increase in sales revenue required?

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Financial Management: The owner wants to increase sales revenue by an amount

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Financial Management: The owner wants to increase sales revenue by an amount

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