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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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