Asked by

Muskan Baweja
on Oct 11, 2024

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If the selling price increases by $3 per unit and the sales volume decreases by 400 units, the net operating income would be closest to:

A) $19,000
B) $16,800
C) $13,800
D) $17,733

Selling Price

The amount of money for which a product or service is sold to the customer.

Net Operating Income

The total income from operations of a company before taxes and interest, calculated by subtracting operating expenses from gross profit.

Sales Volume

Refers to the quantity of products or services sold by a business within a specific period.

  • Learn how changes in selling price and sales volume affect net operating income.
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Samin ChoudhuryOct 15, 2024
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