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    A Company Requires $1,360,000 in Sales to Meet Its Net
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A Company Requires $1,360,000 in Sales to Meet Its Net

Question 45

Question 45

Multiple Choice

A company requires $1,360,000 in sales to meet its net income target.Its contribution margin is 30%, and fixed costs are $240,000.What is the target net income?


A) $408,000
B) $312,000
C) $560,000
D) $168,000

Correct Answer:

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