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A company requires $1,300,000 in sales to meet its net income target. Its contribution margin ratio is 25%, and fixed costs are $150,000. What is

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A company requires $1,300,000 in sales to meet its net income target. Its contribution margin ratio is 25%, and fixed costs are $150,000. What is the target net income? O $975,000 $825,000 O $175,000 O $1,150,000 O None of the above

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