Multiple Choice
Mardist Corporation has sales of $100,000, variable expenses of $75,000, fixed expenses of $30,000, and a net loss of $5,000. How much would Mardist have to sell to achieve a profit of 10% of sales?
A) $187,500
B) $200,000
C) $225,500
D) $180,000
Correct Answer:
Verified
Correct Answer:
Verified
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