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If the contribution margin ratio is 0.45, how much sales revenue must be earned to get a Profit after tax of $85,000. Assume a tax
If the contribution margin ratio is 0.45, how much sales revenue must be earned to get a Profit after tax of $85,000. Assume a tax rate of 30% and fixed costs of $200,000.
Select one:
a.$469 841.27
b.$321 428.57
c.$388 888.89
d.$268 159.34
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