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Assume the following cost information for Fernandez Company: Selling price $100 per unit Variable costs $75 per unit Total fixed costs $80,000 Tax rate 15%
Assume the following cost information for Fernandez Company: Selling price $100 per unit Variable costs $75 per unit Total fixed costs $80,000 Tax rate 15% What is required sales to earn an after-tax net income of $38,250? Select one: O a. $4,500,000 O b. $1,340,000 O c. $375,000 O d. $500,000
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