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Exercise 10 Indi Co. had sales per unit of $150 and a contribution margin ratio of 0.6 - Its fixed costs total $36000 and it
Exercise 10 Indi Co. had sales per unit of $150 and a contribution margin ratio of 0.6 - Its fixed costs total $36000 and it wants to earn a target net income (TNI) of $18000 after taxes (assume a tax rate of 25%). Compute pre-tax TNI and calculate the following: Break-even point in sales Pre-tax net income
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