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Company XYZ has a Marin of Safety in Dollars of $30,000. Fixed costs are $60,000, contribution margin ratio 30%, and tax rate 40%. Given this
- Company XYZ has a Marin of Safety in Dollars of $30,000. Fixed costs are $60,000, contribution margin ratio 30%, and tax rate 40%. Given this information what is the companys target income after taxes?
Need the work with formula, Thanks !
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
471737933, 978-0471737933
