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April 25, 2014

Homework Help: finance

Posted by jen on Sunday, November 27, 2011 at 5:27pm.

If a company has fixed costs and is operating above the breakeven point, when sales increase by 15%, profits will:

a. increase by less than 15%
b. increase by 15%
c. increase by more than 15%
d. decrease by less than 15%

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