Carol’s Dolls has fixed operating costs of $25,000. Its sale price is
Carol’s Dolls has fixed operating costs of $25,000. Its sale price is $55 per doll, and its variable operating cost is $30 per doll. It sells 3,000 dolls per month. The firm’s earnings before interest and taxes is ________.
A) $37,500
B) $55,000
C) $75,000
D) $50,000
ANSWER
D
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