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Jackson Company has fixed costs of $82,000; a tax rate of 15%; and a contribution margin ratio of 0.40. How much sales (in dollars) must

Jackson Company has fixed costs of $82,000; a tax rate of 15%; and a contribution margin ratio of 0.40. How much sales (in dollars) must it generate to earn a net income of $48,000? a. $325,000 b. $346,176 c. $120,000 d. $85,000

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