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If a company has sales of $100,000, variable expenses of $60,000, and fixed expenses of...

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Accounting

If a company has sales of $100,000, variable expenses of $60,000, and fixed expenses of $50,000 the company has a:
Multiple choice question.
$10,000 loss
$10,000 profit
$110,000 profit
$90,000 profit

Answer & Explanation Solved by verified expert
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