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Business, 27.07.2019 00:40 mfar3457

Dry cleaners has determined the following about its costs: total variable expenses are $ 38 comma 000, total fixed expenses are $ 32 comma 000 comma and the sales revenue needed to break even is $ 40 comma 000. determine the company's current 1) sales revenue and 2) operating income. (hint: first, find the contribution margin ratio; then prepare the contribution margin income statement.)

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