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July 30, 2014

Homework Help: Finance

Posted by vikram on Sunday, February 24, 2013 at 1:37am.

Tom company has sales of Rs.200,000/- with variable expenses of Rs.150,000/-, fixed expenses of Rs.60,000/-, and an operating loss of Rs.10,000/-. By how much would Tom have to increase its sales in order to achieve an operating income of 10% of sales?

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