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Mathematics
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. Consider the following income statement and answer the questions that follow: Sales (100 units) $200 Variable costs ($.80 ea) 80 Fixed Costs 20 EBIT 100 Interest Expense 30 EBT 70 Income tax 24 Net Income 46 . a. What is the firm’s Breakeven Point in units? b. Draw a breakeven chart for this firm.
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