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Tweed Ltd’s budget for the next year shows that it would break-even at sales revenue of...

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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