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20 A company requires $1,700,000 in sales to meet its operating income target. Its contribution margin is 30%, and fixed costs are $300,000. What is
20
A company requires $1,700,000 in sales to meet its operating income target. Its contribution margin is 30%, and fixed costs are $300,000. What is the target operating income? Select one: a. $890,000 b. $390,000 c. $110,000 d. $700,000 $210,000Step by Step Solution
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