The corner market has fixed costs of 1600 depreciation of, Ask an Expert

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The Corner Market has fixed costs of $1,600, depreciation of $1,200, a tax rate of 35%, and a cost of capital of 12%. Variable costs represent 67% of sales. What minimum level of sales must the market obtain to avoid a net loss on its income statement?

$8,484.85

$6,666.67

$7,033.33

$7,867.67

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91583795

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