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Concord Corporation has fixed costs of $540000 and variable costs are 80% of sales. How much will Concord report as sales when its net income

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Concord Corporation has fixed costs of $540000 and variable costs are 80% of sales. How much will Concord report as sales when its net income equals $52000? O $473600 O $2960000 O $740000 O $2752000

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