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Hudson Co. reports the contribution margin income statement for 2015. Assume Hudson Co has a target pretax income of $171,000 for 2016. What amount of
Hudson Co. reports the contribution margin income statement for 2015. Assume Hudson Co has a target pretax income of $171,000 for 2016. What amount of sales (in dollars) is needed to produce this target income? If Hudson achieves its target pretax income for 2016, what is its margin of safety (in percent)
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