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For Ocean Front Property Co., sales is $3,000,000, fixed expenses are $900,000, and the contribution margin ratio is 36%. What is required sales in dollars
For Ocean Front Property Co., sales is $3,000,000, fixed expenses are $900,000, and the contribution margin ratio is 36%. What is required sales in dollars to earn a target net income of $600,000? Select one: Oa. $4,166,667 Ob. $2,500,000 OC 1,666,667 Old $3,100,000
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