Write equation to find contribution margin and profit margin
If a corporation sold X units of product for $Y each and had $M in total fixed and $L in total variable costs, write equations to find (a) its contribution margin, (b) its profit margin and (c) its break-even point (in units).
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Stojko Corporation had a net decrease in cash of $10,000 for the current year. Net cash used in investing activities was $52,000 and net cash used in financing activities was $38,000. What amount of cash was provided (used) in operating activities
If a corporation sold X units of product for $Y each and had $M in total fixed and $L in total variable costs, write equations to find (a) its contribution margin.
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The Dean Company has sales of $500,000 and the break-even point in sales dollars of $300,000. Determine the company's margin of safety.
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