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Break even point for the company

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Reference no: EM13130920

Parker Company had $5000000 in sales and reported a $300000 loss in its annual report to stockholders.According to a CVP analysis prepared for managements use, $5000000 in sales is the break even point for the company. Did the company's inventory level increased, decrease, or remain unchanged? Explain.

Reference no: EM13130920

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