Question
Ivan Company has a goal of earning $160,000 after-tax income. Ivan would need to pay $29,000 of income taxes at the target level of income.
Ivan Company has a goal of earning $160,000 after-tax income. Ivan would need to pay $29,000 of income taxes at the target level of income. The contribution margin ratio is 30%. What amount of dollar sales must be achieved to reach the goal if fixed costs are $108,000?
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The Impact Of SOA On IT Auditing From Auditors Point Of View
Authors: Farida Chotkan
1st Edition
3843363048, 978-3843363044
