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    Fundamental Accounting Principles Study Set 5
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    Exam 22: Cost-Volume-Profit Analysis
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    The Dollar Amount of Sales Needed to Achieve a Target
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The Dollar Amount of Sales Needed to Achieve a Target

Question 75

Question 75

True/False

The dollar amount of sales needed to achieve a target after-tax income is computed by dividing the sum of fixed costs plus the desired after-tax income plus income taxes by the contribution margin ratio.

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