Question
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
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
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Payroll Accounting 2018
Authors: Bernard J. Bieg, Judith Toland
28th edition
1337291056, 978-1337291057, 1337291137, 9781337291132, 9781337516686 , 978-1337291040
