If your business is expected to have revenue of $9,385,000 this year and achieve a...
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Accounting
If your business is expected to have revenue of $9,385,000 this year and achieve a Profit of 16%, what would your costs be? If the Breakeven Multiplier is used to determine the multiple of direct labor dollars a company needs to take in (ie., Revenue) to break even (no profit, did notlose money), what is the difference between the Breakeven Multiplier and Labor Multiplier Factor (also known as the Target Multiplier)? 1. 2
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