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The following is from Alsatia Corporation's financial statement information for last month:
Sales $1,400,000
Variable Expenses 900,000
Fixed Expenses 300,000
The company has no beginning or ending inventories and produced and sold 10,000 units during the month.
A) What is the company's break-even in units?
B) How many units would the company have to sell to attain target profits of $225,000?
C) What is the company's degree of operating leverage?
Show all work. Answer all parts.
Perform vertical analysis on the income statements and balance sheet information for fiscal periods 2011 and 2010.
The efficient markets hypothesis assumes all of the following except:
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