Multiple Choice
Cogdill Corporation manufactures numerous products, one of which is called Epsilon78. The company has provided the following data about this product: Assume that the total traceable fixed expense does not change. If Cogdill increases the price of Epsilon78 to $19.76, what percentage change in unit sales would provide the same net operating income as is currently being earned at a price of $19.00? (Your answer should be rounded to the nearest 0.1%.)
A) −14.7%
B) −28.3%
C) −5.0%
D) −16.0%
Correct Answer:

Verified
Correct Answer:
Verified
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