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Assume that Pittman Company decides to continue selling through agents and pays the 20% commission rate. Calculate the dollar sales that would be required to
Assume that Pittman Company decides to continue selling through agents and pays the 20% commission rate. Calculate the dollar sales that would be required to generate the same net income as contained in the budgeted income statement for next year. Note: Round CM ratio to 3 decimal places and final answer to the nearest dollar amount. Assume that Pittman Company decides to continue selling through agents and pays the 20% commission rate. Calculate the dollar sales that would be required to generate the same net income as contained in the budgeted income statement for next year. Note: Round CM ratio to 3 decimal places and final answer to the nearest dollar amount
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