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The Golden Shoe Ltd would like to add a new product to complete their line-up. T...
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The Golden Shoe Ltd would like to add a new product to complete their line-up. They want to know how many units they must sell to limit their potential loss to their initial investment, i.e. cash break-even. What is this quantity if their fixed costs are R12 000, the depreciation expense is R2 500, and the contribution margin is R1.30? (Round to whole units)
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