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The Following Information Is for Lyceum, Ltd

Question 86

Multiple Choice

The following information is for Lyceum, Ltd.:
The following information is for Lyceum, Ltd.: -If management has a targeted net income of $27,000 (ignore income taxes) , then sales revenue should be A) $263,667. B) $474,600. C) $108,964. D) $169,500.
-If management has a targeted net income of $27,000 (ignore income taxes) , then sales revenue should be


A) $263,667.
B) $474,600.
C) $108,964.
D) $169,500.

Correct Answer:

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