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A company broke even last year with sales of $100,000. Each item had variable cost of $3.00 and a sales price of $5.00. How much
A company broke even last year with sales of $100,000. Each item had variable cost of $3.00 and a sales price of $5.00. How much do they need to sell this year to earn net income of $14,000 after-tax. Tax rate = 30%. Assume no change in cost behavior.
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