Business, 25.04.2020 01:50 sonyalehardez

Suppose a small business has sales of $15,000 this month, with future sales expected to grow by $1,600 each month. Costs consist of a fixed component, which is $7,500 per month, and a variable component, which is 40 percent of sales. Design a spreadsheet to compute the gross profit (revenue less fixed and variable costs) per month over a nine month period. What is the gross profit in a single month 7 months from now?

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