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Angelina's most recent income statement is given below: Sales (8,000 units) $160,000 Less variable expenses 68,000 Contribution margin 92,000 Less fixed expenses 50,000 Net income
Angelina's most recent income statement is given below:
Sales (8,000 units) | $160,000 |
Less variable expenses | 68,000 |
Contribution margin | 92,000 |
Less fixed expenses | 50,000 |
Net income | $42,000 |
How many units must be sold to achieve operating income of $60,000?
hat is the revenue needed to achieve an after tax income of $35,000, given a tax rate of 30%?
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