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Genco Company has a 30% contribution margin percentage and fixed costs of $30,000. To earn a 10% return on sales, Genco must have sales of
Genco Company has a 30% contribution margin percentage and fixed costs of $30,000. To earn a 10% return on sales, Genco must have sales of a. $150,000. b. $100,000. c. $40,000. d. an amount that cannot be determined without more information.
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