A company requires $2000000in sales to meet its net income target. Its contribution margin is50%, and fixed

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A company requires $2000000in sales to meet its net income target. Its contribution margin is50%, and fixed costs are $300000. What is the target net income?

$1000000

$1250000

$450000

$700000

Posted Date: Jun 21, 2024 09:01 PM

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A company requires $2000000in sales to meet its net income target. Its contribution margin is50%, and fixed

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