Multiple Choice
The contribution margin ratio is 25% for Crowne Company and the break-even point in sales is $200,000. If Crowne Company's target operating profit is $60,000, sales would have to be:
A) $260,000.
B) $440,000.
C) $280,000.
D) $240,000.
Correct Answer:
Verified
Correct Answer:
Verified
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