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Freeman Auto wants to generate an operating profit of $200,000.00 to cover interest expense and meet a desired income target. The firm knows that depreciation will be $100,000.00 in the upcoming year. It also knows that Selling and Administrative expenses will total $150,000.00. Finally, cost of goods is historically 40.00% of sales.
What sales must Freeman Auto achieve to meet their operating profit goal?
Answer Format: Currency: Round to: 2 decimal places.
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To carry out an optimization? analysis:
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q1. 1. at point e in figure 8.4b is mp kr greater or less than mp lw? 2. explain how do you know? 3. use this
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