ANSWERS TO QUESTIONS

Gross margin 290. Marketing, distribution, and customer-service costs 240. ... 3-8 An increase in the income tax rate does not affect the breakeven point. Operating income at the breakeven point is zero, and no income taxes are paid at this point. ... Operating profit (loss) $ (4,000) a $5,000/500 attendees = $10/attendee. b $500/500 attendees ... ................
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