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26. How much sales are required to earn a target net income of $200,000 if total fixed costs are $250,000 and the contribution margin ratio

26. How much sales are required to earn a target net income of $200,000 if total fixed costs are $250,000 and the contribution margin ratio is 40%?

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$1,012,500

$500,000

$1,125,000

$625,000

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