Tweed Ltd’s budget for the next year shows that it would break-even at sales revenue of £400,000 and fixed costs of
£160,000. The sales revenue needed to achieve a profit of £100,000 in the next year would be (2 marks):
| a. |
£500,000 |
|
| b. |
£600,000 |
|
| c. |
£650,000 |
|
| d. |
£466,667 |
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