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The Cliffebriar Company will produce 55,000 computers next year. Variable costs will equal 40% of sales, while operating fixed costs will total $110,000.

At what price must each computer be sold for the company to achieve an earnings before interest and taxes (EBIT) of $95,000?

A. $2

B. $4.45

C. $5

D. $6.21

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91162097

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